Brief: BankNordik Is Narrowing Its Range Of The Guidance Figures For The Year Of 2019

Foeroya Banki P/F

22/01/2020 12:04

Jan 22 (Reuters) - BankNordik P/F  BNORDIK.CO :
    * BANKNORDIK IS NARROWING ITS RANGE OF THE GUIDANCE FIGURES FOR THE YEAR OF 2019
    * GUIDANCE IS GENERALLY SUBJECT TO ECONOMIC AND FINANCIAL UNCERTAINTY
    * GUIDANCE ON OPERATING PROFIT BEFORE IMPAIRMENT CHARGES IS NARROWED FROM PREVIOUSLY GUIDED
DKK
160-200M TO DKK 175-185M
    * 2019 NET PROFIT GUIDANCE IS NARROWED FROM PREVIOUSLY GUIDED DKK 170-210M TO DKK 195-210M
    * WE ARE VERY PLEASED TO BE ABLE TO NARROW THE GROUP’S NET PROFIT GUIDANCE IN THE UPPER PART
OF
THE RANGE
    * CONTINUED HIGH CUSTOMER ACTIVITY IN THE BANKING BUSINESS IN Q4 2019 AND ANOTHER STRONG
QUARTER
FOR OUR INSURANCE BUSINESS ARE THE MAIN DRIVERS BEHIND THE NARROWING OF THE GROUP’S GUIDANCE
FIGURES - CEO

Source text for Eikon:  ID:nRBBbSD3cF 
Further company coverage:  BNORDIK.CO 

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