Brief: Spar Nord Q2 Net Profit Down At DKK 231 Mln

Spar Nord Bank A/S

13/08/2020 06:36

Aug 13 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-INTERIM REPORT H1 2020 OF SPAR NORD
    * Q2 NET INTEREST INCOME DKK 408 MILLION VERSUS DKK 397
MILLION
YEAR AGO
    * Q2 NET PROFIT DKK 231 MILLION VERSUS DKK 283 MILLION YEAR
AGO
    * LOAN IMPAIRMENT CHARGES – PROVIDED THAT SOCIETY IS
GRADUALLY
RE-OPENED – ARE EXPECTED TO BE LOWER IN H2 THAN IN H1
    * NET PROFIT FOR THE YEAR IS EXPECTED TO BE AROUND DKK
350-550
MILLION

Source text for Eikon:  ID:nGNE56GCZF 
Further company coverage:  SPNO.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))