Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The latest update is out from Sydbank A/S ( (GB:0MGE) ).
Sydbank A/S has announced potential impairments amounting to DKK 450 million due to a major restructuring of Better Energy. Consequently, the bank has revised its post-tax profit expectations for 2024 to be within the range of DKK 2,700 to 2,900 million, down from the previously announced range of DKK 2,800 to 3,100 million. The restructuring is poised to impact the bank’s financial outcomes for the year, reflecting adjustments made to accommodate the changes in Better Energy’s structure.
More about Sydbank A/S
Sydbank A/S is a prominent financial institution based in Denmark, offering a wide range of banking services and products. The company is focused on delivering comprehensive financial solutions to both individual and corporate clients within and beyond the Danish market.
YTD Price Performance: 42.72%
Average Trading Volume: 19,996
Technical Sentiment Consensus Rating: Sell
Current Market Cap: DKK20.26B
For a thorough assessment of 0MGE stock, go to TipRanks’ Stock Analysis page.