Brief: ProCredit Holding Cuts FY Return On Equity Guidance
Oct 28 (Reuters) - PROCREDIT HOLDING AG PCZ.DE: REDUCES GUIDANCE FOR GROUP RETURN ON EQUITY FOR CURRENT FINANCIAL YEAR RETURN ON EQUITY IS NOW EXPECTED TO BE 7 - 8% (PREVIOUS GUIDANCE: AROUND 10%) ADJUSTMENT WAS MADE IN RESPONSE TO AN INCREASE IN ASSUMED LOSS ALLOWANCE FOR 2025 FINANCIAL YEAR COST-INCOME RATIO NOW EXPECTED TO BE AROUND 72% Source text: ID:nEQ9HyXwCa Further company coverage: PCZ.DE (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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