January 31, 2018 / 7:01 AM / 20 days ago

BRIEF-Ringkjoebing Landbobank FY2017 Pre-Tax Profit Rises To DKK 735 Million

Jan 31 (Reuters) - RINGKJOEBING LANDBOBANK A/S:

* RINGKJØBING LANDBOBANK‘S ANNOUNCEMENT OF THE FINANCIAL STATEMENTS FOR 2017 – THE BEST PROFIT IN THE BANK‘S HISTORY

* 2017 ‍PROFIT BEFORE TAX INCREASED BY 11% TO DKK 735 MILLION​

* 2017 ‍CORE EARNINGS INCREASED BY 9% TO DKK 675 MILLION​

* ‍PROPOSED DIVIDEND INCREASE OF 25% TO DKK 9 PER SHARE FOR 2017​

* EXPECTATIONS FOR CORE EARNINGS OF DKK 600 - 675 MILLION IN 2018

* ‍NEW BUY-BACK PROGRAMME FOR UP TO DKK 170 MILLION IS ALSO PROPOSED​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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