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

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Salling Bank A/S Lowers FY 2012 Profit Before Tax Guidance

Wednesday, 23 Jan 2013 04:12am EST 

Salling Bank A/S announced that it has changed its fiscal year 2012 earnings guidance, The Company now expects to report fiscal year 2012 profit before tax of approximately DKK 8 million. Previously, the Company expected fiscal year 2012 profit before tax in a range of between DKK 13 million and DKK 17 million. The main reasons for the revised guidance are increased impairment charges, negative developments in adjustments and higher costs than anticipated at the completion of the merger between A/S Vinderup Bank and Salling Bank A/S. 

Company Quote

-1.0 -0.40%
10:28am EDT