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PCZ ProCredit Holding AG News Story

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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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