Brief: Danske Andelskassers Bank Q1 Pretax Result Swings To Loss Of DKK 55.5 Mln

Danske Andelskassers Bank A/S

28/05/2020 07:45

May 28 (Reuters) - Danske Andelskassers Bank A/S  DABA.CO :
    * Q1 REVERSAL OF LOAN LOSSES DKK 1.9 MILLION VERSUS LOAN
LOSSES
DKK 5.5 MILLION YEAR AGO
    * KEEPS OUTLOOK FOR CORE INCOME IN RANGE OF DKK 135 – 175
MILLION
    * Q1 NET INTEREST AND FEES INCOME DKK 141.8 MILLION VERSUS
DKK
140.9 MILLION YEAR AGO
    * Q1 PRE-TAX LOSS DKK 55.5 MILLION VERSUS PROFIT DKK 61.6
MILLION
YEAR AGO
    * REPEATS FY PRE-TAX GUIDANCE DOWNGRADED IN MARCH; KEEPS
CORE
EARNINGS GUIDANCE UNCHANGED

Source text for Eikon:  ID:nGNE3Rl2hM 
Further company coverage:  DABA.CO 

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