Brief: Spar Nord Upgrades Its Guidance For 2019

Spar Nord Bank A/S

10/01/2020 07:26

Jan 10 (Reuters) - Spar Nord Bank A/S  SPNO.CO :
    * REG-SPAR NORD UPGRADES ITS GUIDANCE FOR 2019
    * UPGRADES ITS FULL-YEAR GUIDANCE FOR CORE EARNINGS BEFORE
IMPAIRMENT FROM DKK 1,200-1,300 MILLION TO DKK 1,320-1,330
MILLION
    * FULL YEAR FORECAST FOR PROFIT AFTER TAX IS RAISED FROM DKK
925-1,025 MILLION TO DKK 1,050-1,060 MILLION
    * UPGRADE IS BASED ON A NUMBER OF ASPECTS PRIMARILY EXPECTED
TO
CONCERN 2019, INCLUDING A LARGE NUMBER OF REMORTGAGED LOANS AND
LOWER-THAN-EXPECTED LOAN IMPAIRMENT CHARGES

Source text for Eikon:  ID:nGNE5x94xb 
Further company coverage:  SPNO.CO 

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