Investor Presentation - FY 2023
Investor Presentation - FY 2023
Financial outlook:
Net profit for 2024 will reflect progress on financial ambitions for 2026
Income
Expenses
Impairments
Total income is expected to grow in 2024, driven by higher core income, our continued efforts to
drive commercial momentum and in line with our financial targets for 2026. Income from trading and
insurance activities will be subject to financial market conditions
We expect operating expenses in 2024 to be in the range of 26-26.5bn reflecting increased
investments in line with our financial targets for 2026 and continued focus on cost management.
The outlook includes non-recurring items of approximately DKK 0.6 billion related to the relocation to
the new domicile and minor costs for the divestment of PC Norway
Loan impairment charges are subject to an elevated level of geopolitical and macroeconomic
uncertainty and are expected to reflect our assumptions in our financial targets for 2026 of
approximately 8 basis points p.a.
Net profit
*
We expect net profit to be in the range of DKK 20-22bn
*Note The outlook is subject to uncertainty and depends on volume growth and financial markets/macroeconomic conditions. **Subject to regulatory approval.
Danske Bank
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