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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Directors Deals Ltd.
Provider: Wright Reports

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A/S Noerresundby Bank Changes Department Structure; to Cut Jobs; Maintains FY 2012 Profit Guidance

Tuesday, 29 Jan 2013 08:01am EST 

A/S Noerresundby Bank announced that as a result of an increase in customers' use of the Company's self-service systems, it has been decided that the Company will in the spring of 2013 discontinue three departments: Lindholm, Vadum and in Groenlands Torv. As a result, an equivalent of 12 full-time positions will be discontinued. The above measures are implemented to create an efficient cost structure without limiting growth structure. The Company also announced that it has maintained its fiscal year 2012 profit guidance. The Company still expects to report fiscal year 2012 profit before value adjustments and write-downs in a range of between DKK 140 million and DKK 160 million. The effect of the measures taken is expected to affect the Company's operating profit in the financial year 2014. 

Company Quote

2.0 +0.76%
18 Aug 2014