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Provider: Reuters Investment Profile
Provider: Wright Reports

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Danske Andelskassers Bank A/S Lowers FY 2013 Core Earnings Guidance

Wednesday, 15 May 2013 08:03am EDT 

Danske Andelskassers Bank A/S announced that based on the Company's core earnings reported for Q1 2013 and expectations regarding socio-economic development during the rest of 2013, the Company has decided to downgrade its fiscal year 2013 financial guidance. Following on that, the Company expects its fiscal year 2013 core earnings to be in the range of between DKK 160 million and DKK 190 million, compared to previous estimate of DKK 250 million.