Source: www.reuters.com
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STOCKHOLM(Reuters) - Swedish bank Swedbank on Wednesday reported a slightly lower-than-expected operating profit for the fourth quarter as continued global supply problems held back economic growth in home markets.
Swedbank’s fourth quarter operating profit fell to 5.97 billion Swedish crowns ($644.93 million) from a year-ago 6.18 billion, narrowly lagging the 6.10 billion analysts expected.
($1 = 9.2568 Swedish crowns)
Reporting by Johan Ahlander, editing by Niklas Pollard
