Brief: Lollands Bank Adjusts 2024 Guidance Upwards

Lollands Bank A/S

09/07/2024 09:32

July 9 (Reuters) - Lollands Bank A/S  LOLB.CO :
    * RAISES EXPECTATIONS FOR FY 2024 TO A RESULT BEFORE TAX IN
THE
RANGE OF DKK 100-115 MILLION
    * BANK'S 2024 EXPECTED CORE EARNINGS ARE ADJUSTED UPWARDS TO
PROFIT IN RANGE OF DKK 85-100 MILLION VERSUS PREVIOUSLY
ANNOUNCED DKK 75-95 MILLION
    * REASON IS A COMBINATION OF CONTINUED REASONABLE CUSTOMER
GROWTH,
INCREASED INTEREST INCOME, INCREASING DIVIDENDS, REASONABLE
DEVELOPMENT IN WRITE-DOWNS

Source text for Eikon:  ID:nGNE4By4mL 
Further company coverage:  LOLB.CO 

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