Brief: Vestjysk Bank Upgrades Profit Guidance After Tax For 2019 To DKK 420-460 Mln

Vestjysk Bank A/S

08/10/2019 09:34

Oct 8 (Reuters) - Vestjysk Bank A/S  VJBA.CO :
    * REG-UPGRADE OF PROFIT GUIDANCE FOR 2019
    * VESTJYSK BANK HAS ASCERTAINED AN EXCEPTIONALLY HIGH LEVEL
OF
ACTIVITY, PRIMARILY IN RELATION TO RE-MORTGAGING ACTIVITIES IN
MORTGAGE LENDING
    * FULL-YEAR PROFIT GUIDANCE AFTER TAX IS THUS UPGRADED FROM
AN
INTERVAL OF DKK 360-410 MILLION TO AN INTERVAL OF DKK 420-460
MILLION
    * IN ADDITION, BANK EXPECTS LOWER IMPAIRMENT LOSSES, MAINLY
DUE TO
CONTINUED VERY FAVOURABLE PORK SETTLEMENT PRICES

Source text for Eikon:  ID:nGNEL0z5P 
Further company coverage:  VJBA.CO 

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