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Restructuring of Better Energy leads to additional impairment charges in 2024 and revised expectations for profit for the year
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Company Announcement No 60/2024 | Peberlyk 4 6200 Aabenraa Denmark Tel +45 74 37 37 37 Sydbank A/S CVR No DK 12626509, Aabenraa sydbank.dk |
| 19. December 2024 |
Dear Sirs
Restructuring of Better Energy leads to additional impairment charges in 2024 and revised expectations for profit for the year
As a result of a major restructuring of Better Energy there is a risk of impairment charges in the region of DKK 450m. As a consequence of this, profit after tax is expected to be in the range of DKK 2,700-2,900m compared to DKK 2,800-3,100m as previously announced.
Sydbank’s annual report for 2024 will be released as scheduled on 26 February 2025.
Yours sincerely
Mark Luscombe Jørn Adam Møller
CEO Deputy Group Chief Executive
Additional information
Lars Grubak Lohff, Press Manager, tel +45 20 31 54 65
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