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Sydbank Q3 pretax profit tops forecasts

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COPENHAGEN | Tue Oct 30, 2012 8:18am EDT

COPENHAGEN Oct 30 (Reuters) - Denmark's third-biggest bank Sydbank kept on Tuesday its full-year loan loss outlook for this year unchanged after posting a stronger-than-expected third-quarter pretax profit.

The bank said it still saw loan impairments in 2012 of around 1.4 billion Danish crowns.

It posted a third-quarter pretax profit of 411 million Danish crowns ($71.10 million) from 25 million crowns in the same quarter a year earlier, beating an average forecast for a 321 million crown profit in a Reuters poll of analysts. ($1 = 5.7803 Danish crowns) (Reporting by Copenhagen Newsroom)

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