EKF issued new guarantees worth almost DKK 10 billion during the first half year of 2014. The largest guarantee of all during the half year was worth approximately DKK 3 billion and covered Gemini, an offshore wind farm to be established outside the coast of the Netherlands using wind turbines from Siemens Wind Power.
The result for the half year amounted to DKK 406 million which was slightly higher than expected. The positive result was due to a combination of higher premium income and lower provisions than expected.
”For the first half year almost all key figures were slightly above budget. Nothing dramatic but an improvement nevertheless. We are pleased because this means that EKF contributes to generating growth and creating jobs in Danish export companies”, says Anette Eberhard, CEO at EKF.