Brief: Moens Bank Raises 2023 Guidance

Moens Bank A/S

28/06/2023 13:27

June 28 (Reuters) - Moens Bank A/S  MNBA.CO :
    * RAISES 2023 GUIDANCE
    * EXPECTATIONS FOR PRE-TAX PROFIT FOR THE YEAR ARE REVISED UPWARDS TO THE RANGE OF DKK 70-80
MILLION
    * SEES CORE EARNINGS OF ABOUT DKK 65-75 MILLION IN 2023
    * PREVIOUS GUIDANCE: PRE-TAX PROFIT DKK 55-65 MILLION, CORE EARNINGS DKK 60-70 MILLION
    * BACKGROUND FOR UPWARD ADJUSTMENT IS BETTER CONDITIONS THAN EXPECTED, RISING INTEREST
RATES,
CONTINUED GOOD ACTIVITY IN BANK'S BUSINESS IN GENERAL

Source text for Eikon:  ID:nGNE25SL3X 
Further company coverage:  MNBA.CO 

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