Brief: BankNordik Revises 2019 FY Expectations

Foeroya Banki P/F

22/07/2019 13:18

July 22 (Reuters) - BankNordik P/F  BNORDIK.CO :
    * REG-REVISED EXPECTATIONS FOR THE 2019 RESULT
    * REG-REVISED EXPECTATIONS FOR THE 2019 RESULT
    * RAISES ITS NET PROFIT GUIDANCE FOR YEAR OF 2019 FROM
PREVIOUSLY
GUIDED DKK 100-150M TO DKK 150-200M (H1 2019: 118M).
    * DUE TO STRONG REVERSALS OF IMPAIRMENT CHARGES FOR FIRST
SIX
MONTHS OF 2019 (DKK 72M), BANKNORDIK RAISES ITS NET PROFIT
GUIDANCE
    * PRELIM Q2 NET INTEREST INCOME DKK 90 MILLION VERSUS DKK 93
MILLION YEAR AGO
    * PRELIMINARY Q2 PROFIT BEFORE TAX DKK 86 MILLION VERSUS DKK
59
MILLION YEAR AGO

Source text for Eikon:  ID:nGNE2VjzST 
Further company coverage:  BNORDIK.CO 

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