SYDBANK AS [CBOE]
SYDBANK AS [CBOE]
- DKK (-)
- Dati in tempo reale - Cboe CH/DK/FI/NO/SE
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Tipologia: Azioni
Ticker: SYDB_DC
ISIN: DK0010311471

Sydbank to downgrade its 2018 profit expectations

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Nasdaq Copenhagen A/S
London Stock Exchange
Bourse de Luxembourg
Other stakeholders

 

Company Announcement No 73/2018

 
Peberlyk 4
6200 Aabenraa
Denmark

 

Tel +45 74 37 37 37
Fax +45 74 37 35 36

 

Sydbank A/S
CVR No DK 12626509, Aabenraa
sydbank.dk

 

 
18 December 2018 

Dear Sirs

 

Sydbank to downgrade its 2018 profit expectations


As a result of financial market developments, negative investment portfolio earnings as well as lower than usual trading income are expected for Q4 2018. Consequently profit after tax is forecast to be in the range of DKK 1,150m-1,225m. In the financial statements for Q1-Q3 2018 profit for the year after tax was expected to be in the range of DKK 1,250m-1,325m.



Yours sincerely
                    
Torben Nielsen                                Karen Frøsig
Chairman                                         CEO
Board of Directors                          

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