Upgrade of profit guidance for 2019

Herning, DENMARK



The Danish Financial Supervisory Authority
Nasdaq Copenhagen A/S


8 October 2019


Upgrade of profit guidance for 2019

Vestjysk Bank has ascertained an exceptionally high level of activity, primarily in relation to re-mortgaging activities in mortgage lending.

In addition, the Back expects lower impairment losses, mainly due to the continued very favourable pork settlement prices.

The Bank’s full-year profit guidance after tax is thus upgraded from an interval of DKK 360-410 million to an interval of DKK 420-460 million.

Vestjysk Bank will release its quarterly report for Q1-Q3 2019 on 20 November 2019.


Vestjysk Bank A/S
 
 
Jan Ulsø Madsen
CEO
                   
 
 

Vestjysk Bank A/S
Torvet 4-5
DK-7620 Lemvig
Denmark
Phone +45 96 63 21 04
 
CVR no. 34631328
www.vestjyskbank.dk