Swedish financial company SEB, parent of Germany's SEB Immobilien-Investment Gesellschaft, on Wednesday reported a 42% drop in operating result in its first interim report for 2008 . The company said operating results for the first quarter of 2008 amounted to SEK 2.410bn (EUR 258mln), a decrease of 42% compared with the corresponding quarter of 2007 and 47% down from the previous quarter. The company reported that return on equity was 9.6% and net profit was SEK 1.848bn, corresponding to SEK 2.70 per share.
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