12/02-2019 12:50:20: (VJBA.CPH, VJBA) Net profit guidance upgraded following recognition of deferred tax asset



Net profit guidance upgraded following recognition of deferred tax asset

The Danish Financial Supervisory Authority

Nasdaq Copenhagen A/S





12 February 2019





Net profit guidance upgraded following recognition of deferred tax asset



Vestjysk Bank A/S today considered the first draft of the preliminary financial results for financial year 2018. In light of recent years. positive financial performance and a positive outlook for the coming years, Vestjysk Bank has recognised deferred tax at an aggregate tax value of DKK 75 million, which improves profit after tax. We thus upgrade and specify our net profit guidance for the year from the previous range of DKK 175-250 million to DKK 290-310 million.



Vestjysk Bank A/S' annual report for 2018 will be released on 21 February 2019.



Please direct any questions regarding this announcement to Jan Ulsø Madsen, CEO, on tel. (+45) 96 63 21 04.







Vestjysk Bank A/S





Vagn Thorsager                               Jan Ulsø Madsen

Chairman of the Board                      CEO           







Vestjysk Bank A/S

Torvet 4-5

DK-7620 Lemvig

Denmark

Phone +45 96 63 20 00



CVR no. 34631328

www.vestjyskbank.dk


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