April 30, 2020 / 6:09 AM / a month ago

BRIEF-Djurslands Bank Downgrades 2020 Outlook

April 30 (Reuters) - Djurslands Bank A/S:

* POTENTIAL WRITE DOWN FOR 2020 OF DKK 23.5 MILLION

* CORONAVIRUS CRISIS TO REDUCE BANK’S PLANNED GROWTH AND POSSIBILITY TO REALISE BUDGET FOR 2020

* EXPECTS 2020 PRETAX RESULT IN RANGE OF DKK 30-45 MILLION VERSUS PREVIOSULY DKK 60-86 MILLION

* EXPECTS Q1 PRETAX LOSS OF DKK 10 MILLION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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