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Handelsbanken Q3 operating profit in line with forecast
October 19, 2016 / 5:16 AM / a year ago

Handelsbanken Q3 operating profit in line with forecast

STOCKHOLM, Oct 19 (Reuters) - Swedish bank Handelsbanken reported third-quarter operating profits in line with expectations on Wednesday, helped by capital gains from the sale of a stake in its main owner.

Operating profit in the quarter rose to 5.69 billion Swedish crowns ($644 million) compared to a year-ago 4.73 billion, right in line with the mean forecast in a Reuters poll of analysts.

Handelsbanken made capital gains of 764 millions related to the sale of shares in Industrivarden, a deal announced in August. ($1 = 8.8350 Swedish crowns) (Reporting by Johan Ahlander; editing by Niklas Pollard)

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