Brief: Procredit Raises FY RoE Forecast, Expects Between 8.0% And 9.5%

ProCredit Holding AG

23/07/2021 09:06

July 23 (Reuters) - PROCREDIT HOLDING AG & CO KGAA  PCZ.DE :
    * RAISES FORECAST FOR RETURN ON EQUITY FOR THE 2021
FINANCIAL YEAR
    * BOARD EXPECTS A HIGHER RETURN ON EQUITY OF BETWEEN 8.0%
AND 9.5%
FOR 2021 FINANCIAL YEAR
    * COST-INCOME RATIO IS THUS AT LOWER END OF CORRIDOR
FORECAST FOR
2021 IN 2020 ANNUAL REPORT
    * SEES FY 2021 COST-INCOME RATIO OF AROUND 65%

Source text for Eikon:  ID:nEQ2DXCfwa 
Further company coverage:  PCZ.DE 

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