Brief: BankNordik Q1 Profit Before Tax Falls To DKK 65 Mln

Foeroya Banki P/F

02/05/2019 06:14

May 2 (Reuters) - BankNordik P/F  BNORDIK.CO :
    * REG-STRONG CUSTOMER ACTIVITY IN Q1 2019
    * PROFIT BEFORE TAX WAS DKK 65M IN Q1 2019 COMPARED TO DKK
148M IN
Q1 2018
    * MANAGEMENT RECONFIRMS FY2019 GUIDANCE OF OPERATING PROFIT
BEFORE
IMPAIRMENT CHARGES IN RANGE OF DKK 160-200M IN 2019
    * FY2019 WHILE NET PROFIT IS EXPECTED TO BE AT UPPER END OF
PREVIOUSLY ANNOUNCED RANGE OF DKK 100-150M (Q1 2019: DKK 52M)
    * Q1 FEE AND COMMISSION INCOME WAS UP BY DKK 4 MLN IN Q1
2019 DUE
TO HIGHER CUSTOMER ACTIVITY

Source text for Eikon:  ID:nGNE3KJVlP 
Further company coverage:  BNORDIK.CO 

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