NLB Group’s Share Price Surges Amid Strong Q1 Results

The share price closed at EUR 58.8 per share, representing an increase of 6.91% and marking its best day so far in 2021.

NLB has published their Q1 results on Tuesday after market close, showing higher than expected Q1 result. As a reminder in Q1 of 2021, the Group generated EUR 64.6m of profit after tax (+252.8%). Of that, KB contributed EUR 6.0m to the result. Note that a full company note is available for our research subscribers.

The market reacted very positively to the Q1 results, with share price closing at EUR 58.8 per share. This represents an increase of 6.91%, which notes the highest daily increase so far in 2021. Meanwhile, on a YTD basis the share is up by 28.4%.

NLB was yesterday the second most traded share on the Ljubljana Stock Exchange with a turnover of EUR 502.2k.

YTD Share Price Performance of NLBR

Category : Flash News

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