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MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  Danske Bank A/S    DANSKE   DK0010274414

DANSKE BANK A/S

(DANSKE)
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Danske Bank A/S : lays off 257 employees in cost-cutting plan

11/26/2020 | 04:32am EST
FILE PHOTO: A view of the Danske bank headquarters in Copenhagen

COPENHAGEN (Reuters) - Danske Bank on Thursday laid off 257 employees and granted another 261 a voluntary redundancy agreement as the lender continues previously announced plans to cut up to 1,600 jobs.

"We are undertaking a major transformation to adapt to the structural changes that are happening in the financial sector," Head of Human Resources Karsten Breum said in a statement.

"That requires us to reduce costs significantly and, sadly, we cannot avoid layoffs."

(Reporting by Nikolaj Skydsgaard; Editing by David Goodman)


© Reuters 2020
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Financials
Sales 2020 42 163 M 6 844 M 6 844 M
Net income 2020 4 321 M 701 M 701 M
Net Debt 2020 - - -
P/E ratio 2020 23,1x
Yield 2020 1,88%
Capitalization 93 705 M 15 240 M 15 211 M
Capi. / Sales 2020 2,22x
Capi. / Sales 2021 2,21x
Nbr of Employees 22 582
Free-Float 78,4%
Chart DANSKE BANK A/S
Duration : Period :
Danske Bank A/S Technical Analysis Chart | DANSKE | DK0010274414 | MarketScreener
Technical analysis trends DANSKE BANK A/S
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 112,91 DKK
Last Close Price 109,90 DKK
Spread / Highest target 63,8%
Spread / Average Target 2,74%
Spread / Lowest Target -24,1%
EPS Revisions
Managers and Directors
NameTitle
Chris Vogelzang Chief Executive Officer
Karsten Dybvad Dalsjö Chairman
Frans Woelders Group Chief Operating Officer
Stephan Engels Chief Financial Officer
Fredrik Lindstrom Group Chief Information Officer
Sector and Competitors