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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Lollands Bank A/S Lowers FY 2012 Result Before Value Adjustments Guidance and Comments on FY 2012 Pre-Tax Profit Guidance

Wednesday, 30 Jan 2013 09:54am EST 

Lollands Bank A/S announced that it has decided to change its fiscal year 2012 financial guidance. The Company previously expected to report fiscal year 2012 result before value adjustments lower compared to fiscal year 2011, but still positive. The total write-downs in 2012 were higher than assumed, which is why the Company now expects a negative fiscal year 2012 result before value adjustments. The fiscal year 2012 pre-tax profit is expected to be approximately DKK 10 million. 

Company Quote

-3.5 -1.57%
18 Jul 2014