Brief: Vestjysk Bank Ups Full-Year Guidance

Vestjysk Bank A/S

09/08/2021 11:55

Aug 9 (Reuters) - Vestjysk Bank A/S  VJBA.CO :
    * VESTJYSK BANK UPGRADES ITS GUIDANCE FOR 2021
    * RAISES ITS FORECAST FOR CORE EARNINGS NET OF NON-RECURRING ITEMS RELATING TO MERGER WITH
DEN
JYSKE SPAREKASSE TO A PROFIT AFTER TAX IN DKK 575-625 MILLION RANGE FROM PREVIOUSLY DKK 500-550
MILLION
    * EXPECTED OVERALL PROFIT INCLUDING NON-RECURRING ITEMS AFTER TAX IS RAISED FROM ABOUT DKK
800-900
MILLION TO DKK 900-1,000 MILLION
    * UPGRADE DUE TO PERSISTENTLY HIGH LEVEL OF BUSINESS ACTIVITY, LOWER-THAN-EXPECTED
IMPAIRMENT
CHARGES

Source text for Eikon:  ID:nGNE2DZ320 
Further company coverage:  VJBA.CO 

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