Q1 2019 - another strong first quarter for pbb
the same quarter of the previous year (Q1 2018: €1.7 billion, each including extensions beyond one year) [...] Commercial Real Estate Finance business rose from €1.7 billion to €1.9 billion. This figure includes extensions [...] contrast, the share of new business in the UK fell to 6% (FY 2018: 11%). There was also a particularly pronounced
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pbb increases pre-tax profit by approximately €90 million to €242 million – focus on expansion of core business despite increasing uncertainty
20%, to €9 billion, exceeding guidance of between €7 billion - €8 billion – gross margin down slightly [...] exceeded the previous year by more than 20% (2020: €7.3 billion, each including extensions >1 year) and [...] was also significantly higher than the target of €7 billion to €8 billion. As expected, average margins
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