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    GRLA — Groenlandsbanken A/S News Story

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    Brief: Groenlandsbanken Says Downward Revision Of Expectations To Profit Before Tax

    Picture of Groenlandsbanken A/S logoGroenlandsbanken A/S
    19/10/2022 17:54
    Oct 19 (Reuters) - Groenlandsbanken A/S  GRLA.CO :
    * DOWNWARD REVISION OF EXPECTATIONS TO PROFIT BEFORE TAX
    * BANK OF GREENLAND REVISES ITS EXPECTATIONS DOWNWARDS FOR
YEAR
2022 TO A PROFIT BEFORE TAX RESULT OF DKK 90 - 120 MILLION
    * REVISED DOWNWARD EXPECTATIONS ARE DUE TO NEGATIVE VALUE
ADJUSTMENTS CAUSED BY DEVELOPMENT IN BOND MARKET

Source text for Eikon:  ID:nGNE3CPQjv 
Further company coverage:  GRLA.CO 
 ((Reuters.Briefs@thomsonreuters.com;))

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