Brief: Investeringsselskabet Luxor Revises Basic Earnings For FY 2022/23 Upwards

Investeringsselskabet Luxor A/S

02/08/2023 07:02

Aug 2 (Reuters) - Investeringsselskabet Luxor A/S
 LUXORb.CO :
    * UPWARD REVISION OF GUIDANCE FOR BASIC EARNINGS FOR THE
FINANCIAL
YEAR 2022/23
    * BASED ON PRELIMINARY REVIEW OF DRAFT INTERIM REPORT FOR
PERIOD 1
OCTOBER 2022 – 30 JUNE 2023, EXPECTED BASIC EARNINGS FOR
FINANCIAL YEAR 2022/2023 ARE ADJUSTED TO THE LEVEL OF DKK 44
MILLION (DKK 38 MILLION)
    * FOR FY 2023/24, BASIC EARNINGS ARE EXPECTED TO BE LOWER
THAN IN
FY 2022/23, IN PARTICULAR DUE TO EXPECTATION OF A HIGHER LEVEL
OF NET LOSS/GAIN ON MORTGAGES
    * EXPECTATION OF HIGHER BASIC EARNINGS PRIMARILY DUE TO FACT
THAT
BASIC EARNINGS ARE POSITIVELY AFFECTED BY SIGNIFICANTLY BETTER
PERFORMANCE FOR NET LOSS/GAIN ON MORTGAGE BONDS THAN EXPECTED

Source text for Eikon:  ID:nGNE4D4f9H 
Further company coverage:  LUXORb.CO 

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