Brief: Lollands Bank Upwardly Revises Expectations For 2023

Lollands Bank A/S

12/10/2023 08:41

Oct 12 (Reuters) - Lollands Bank A/S  LOLB.CO :
    * SAID ON WEDNESDAY UPWARD REVISION OF LOLLANDS BANK'S
EXPECTATIONS FOR 2023
    * REVISES THE OUTLOOK FOR FY 2023 TO PROFIT BEFORE TAX TO
THE
RANGE OF DKK 110-120
    * PREVIOUSLY ANNOUNCED EXPECTATIONS OF A PROFIT BEFORE TAX
IN THE
RANGE OF DKK 90-100 MILLION
    * CORE EARNINGS ARE ALSO ADJUSTED UPWARDS TO A RESULT IN THE
RANGE
OF DKK 90-100 MILLION FROM PREVIOUSLY ANNOUNCED DKK 80-90
MILLION
    * UPWARD REVISION IS ATTRIBUTABLE TO A BETTER PICTURE OF
EXPECTED
EARNINGS IN 2023 THAN ASSUMED

Source text for Eikon:  ID:nGNE35jvvP 
Further company coverage:  LOLB.CO 

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