Brief: Lollands Bank Upgrades FY 2022 Expectations

Lollands Bank A/S

09/01/2023 12:57

Jan 9 (Reuters) - Lollands Bank A/S  LOLB.CO :
    * UPGRADES FY 2022 EXPECTATIONS FOR RESULT BEFORE TAX IN THE
RANGE
DKK 70-75 MILLION (PREVIOUSLY IN THE RANGE OF DKK 50–  55
MILLION)
    * UPS FY 2022 EXPECTATIONS FOR CORE EARNINGS TO RANGE DKK
60-65
MILLION (PREVIOUSLY IN THE RANGE OF 50-55 MILLION DKK)
    * UPWARD ADJUSTMENT IS PRIMARILY DUE TO CONTINUED GOOD
ACTIVITY IN
THE BANK, SATISFACTORY DEVELOPMENT IN BANK'S WRITE-DOWN NEEDS
    * OUTLOOK 2023: CORE RESULT IN THE RANGE OF DKK 45-55
MILLION
    * OUTLOOK 2023: RESULT BEFORE TAX IN THE RANGE OF DKK 45-55
MILLION

Source text for Eikon:  ID:nGNE9R4C96 
Further company coverage:  LOLB.CO 
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