Brief: Sydbank Expects 2024 Profit In Range Of DKK 2.80-3.10 Bln

AL Sydbank A/S

21/08/2024 08:47

Aug 21 (Reuters) - Sydbank A/S  SYDB.CO :
    * OUTLOOK 2024: PROFIT AFTER TAX IS EXPECTED TO BE IN RANGE
OF DKK
2,800-3,100M.
    * OUTLOOK 2024: MODERATE GROWTH IS PROJECTED FOR DANISH
ECONOMY.
    * OUTLOOK 2024: PROFIT FORECAST ASSUMES THAT DANMARKS
NATIONALBANK
WILL LOWER RATE OF INTEREST ON CERTIFICATES OF DEPOSIT BY A
FURTHER 0.50PP IN 2024.
    * Q2 TOTAL INCOME DKK 1,861 MILLION VERSUS DKK 1,823 MILLION
YEAR
AGO
    * Q2 PROFIT DKK 763 MILLION VERSUS DKK 758 MILLION YEAR AGO

Source text for Eikon:  ID:nGNE1gZFg0 
Further company coverage:  SYDB.CO 

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