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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: - with a K who wrote (28135)9/25/2007 10:29:23 AM
From: - with a K  Respond to of 78748
 
IRE sounds quietly confident:

10:05am 09/25/2007

LONDON (MarketWatch) -- Bank of Ireland (IRE) said Tuesday that underlying earnings per share are expected to grow around 10% in the half-year to Sept. 30 and pretax profit is expected to grow around 12%. For the year to March 31 the bank re-affirmed its previous guidance for low double-digit underlying growth in earnings per share, but added this is subject to the impact from any further prolonged volatility in financial markets. The group said it continued to fund its lending through a mix of customer deposits and wholesale funding, adding it's confident its funding strategy supports both its intermediate business needs and its planned growth over the medium term.