February 8, 2018 / 7:19 AM / 17 days ago

BRIEF-Skjern Bank FY Net Profit Rises To DKK 123.8‍​ Million ​

Feb 8 (Reuters) - Skjern Bank A/S:

* ‍IN 2018, BANK EXPECTS CORE EARNINGS IN RANGE OF DKK 135 - 145 MILLION.​

* FY NET INTEREST INCOME DKK 172.0‍​ MILLION VERSUS DKK 163.7 MILLION YEAR AGO

* FY NET PROFIT DKK 123.8‍​ MILLION VERSUS DKK 82.1 MILLION YEAR AGO

* SEES 2018 PROFIT BEFORE TAX IN RANGE OF DKK 125-135 MILLION, ASSUMING POSITIVE EXCHANGE RATE ADJUSTMENTS IN RANGE OF DKK 10 MILLION AND IMPAIRMENT IN RANGE OF DKK 15-20 MLN‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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