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Better Half than Expected

Summary by Kringvarp Føroya
Føroya Banki now expects the result for the year to be better than originally expected. At the beginning of the year, the estimate was 210 to 240 million. kr. Now that the year is halfway through, the estimate is 25 million higher. It is now 235 to 265 million. kr. The reason is that the results of the first six months of the year are better than originally expected. In addition to the good performance in the core business, the half-year result…
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Kringvarp FøroyaKringvarp Føroya

Better Half than Expected

Føroya Banki now expects the result for the year to be better than originally expected. At the beginning of the year, the estimate was 210 to 240 million. kr. Now that the year is halfway through, the estimate is 25 million higher. It is now 235 to 265 million. kr. The reason is that the results of the first six months of the year are better than originally expected. In addition to the good performance in the core business, the half-year result…

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Kringvarp Føroya broke the news in on Friday, July 18, 2025.
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