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Upward adjustment of expectations for 2022

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Ringkjøbing Landbobank A/S
Ringkjøbing Landbobank A/S

Nasdaq Copenhagen
London Stock Exchange
Euronext Dublin
Other stakeholders

Date 3 June 2022

                

Upward adjustment of expectations for 2022

Ringkjøbing Landbobank is upwardly adjusting its expectations for 2022. The expectations for core earnings are upwardly adjusted from the DKK 1,350-1,650 million range to the DKK 1,600-1,850 million range and the expectations for profit before tax are upwardly adjusted from the DKK 1,300-1,650 million range to the DKK 1,550-1,800 million range.

The background to the upward adjustment is primarily a continued positive development in lending and a satisfactory increase in customers, which ensures a more satisfactory income flow than budgeted.


Yours faithfully

Ringkjøbing Landbobank

John Fisker
CEO

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