Brief: Spar Nord Upgrades Financial Guidance

Spar Nord Bank A/S

20/06/2023 07:12

June 20 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-SPAR NORD UPGRADES ITS FINANCIAL GUIDANCE
    * IS UPGRADING ITS GUIDANCE FOR PROFIT AFTER TAX DKK TO DKK
2.1-2.4 BILLION
    * IS UPGRADING ITS FULL-YEAR GUIDANCE FOR CORE EARNINGS
BEFORE
IMPAIRMENT TO DKK 2.9-3.2 BILLION.
    * PERSISTENTLY STRONG CREDIT QUALITY FOR BANK'S RETAIL AND
BUSINESS CUSTOMERS CONTINUES TO LEAD TO VERY FEW IMPAIRMENT
CHARGES
    * PREVIOUS GUIDANCE: CORE EARNINGS BEFORE IMPAIRMENT DKK
2.5-2.9
BILLION, PROFIT AFTER TAX DKK 1.8-2.1 BILLION

Source text for Eikon:  ID:nGNE3z4P96 
Further company coverage:  SPNO.CO 

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