Brief: Spar Nord Bank Announces Upgrade Of Its Full-Year Guidance

Spar Nord Bank A/S

09/07/2019 08:31

July 9 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-SPAR NORD UPGRADES FULL-YEAR GUIDANCE
    * ANNOUNCES AN UPGRADE OF ITS FULL-YEAR GUIDANCE FOR CORE
EARNINGS
BEFORE IMPAIRMENT TO DKK 1,150-1,250 MILLION
    * FORECAST FOR PROFIT FOR YEAR AFTER TAX IS RAISED TO DKK
850-950
MILLION DUE TO POSITIVE EARNINGS PERFORMANCE COMBINED WITH LOWER
IMPAIRMENT CHARGES
    * UPGRADE ON BACK OF A POSITIVE PERFORMANCE IN
ACTIVITY-DRIVEN
EARNINGS, INCLUDING FOR HOME LOANS AND MORTGAGE LENDING AND
FAVOURABLE DEVELOPMENTS IN FINANCIAL MARKETS
    * IS NOW UPGRADING ITS FULL-YEAR GUIDANCE FOR CORE EARNINGS
BEFORE
IMPAIRMENT TO DKK 1,150-1,250 MILLION

Source text for Eikon:  ID:nGNE6JZJ3X 
Further company coverage:  SPNO.CO 

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