Brief: Graubuendner Kantonalbank Cuts 2020 Outlook

Graubuendner Kantonalbank

17/04/2020 16:36

April 17 (Reuters) - GRAUBUENDNER KANTONALBANK  GRKP.S :
    * CORRECTS PROFIT PROSPECTS FOR 2020
    * IT MUST BE EXPECTED THAT THE ANNUAL PROFIT 2020 INITIALLY
ANNOUNCED IN FEBRUARY 2020 CANNOT BE ACHIEVED
    * IN VIEW OF THE UNCERTAINTIES, THE EXPECTED NET PROFIT FOR
2020
IS CURRENTLY BETWEEN CHF 150 AND 175 MILLION AND THE PROFIT PER
PARTICIPATION CERTIFICATE BETWEEN CHF 57 AND 67
    * REVISION OF THE FORECAST IS PROMISED WITH THE PUBLICATION
OF THE
SEMI-ANNUAL FINANCIAL STATEMENTS

Source text for Eikon:  ID:nTEN8t8fea 
Further company coverage:  GRKP.S 

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