31st Mar 2008 12:00
Bank of Ireland(Governor&Co)31 March 2008 Trading Update 31 March 2008 As advised in our Interim Management Statement issued on 15 February 2008, theBank of Ireland Group today issues this Trading Update for the year ended 31March 2008. The Preliminary Results for this financial year are due to beannounced on Wednesday 21 May 2008. The performance of the Group is as indicated in our recent Interim ManagementStatement. Bank of Ireland confirms its guidance of achieving expectedunderlying EPS growth of circa 3% to 5% for the year to 31 March 2008 (from abase of 144.6c for the year to 31 March 2007). Contact details: John O'Donovan Group Chief Financial Officer +353 1 632 2054Geraldine Deighan Head of Group Investor Relations +353 1 604 3501Liam McLoughlin Director of Group Finance +353 1 604 4027Dan Loughrey Head of Group Corporate Communications +353 1 604 3833 Forward Looking Statement This document contains certain forward-looking statements within the meaning ofSection 21E of the US Securities Exchange Act of 1934 and Section 27A of the USSecurities Act of 1933 with respect to certain of the Group's plans and itscurrent goals and expectations relating to its future financial condition andperformance and the markets in which it operates. These forward-lookingstatements can be identified by the fact that they do not relate only tohistorical or current facts. Forward-looking statements sometimes use words suchas 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan','goal', 'believe', or other words of similar meaning. Examples offorward-looking statements include among others, statements regarding theGroup's future financial position, income growth, business strategy, projectedcosts, estimates of capital expenditures, and plans and objectives for futureoperations. Because such statements are inherently subject to risks anduncertainties, actual results may differ materially from those expressed orimplied by such forward-looking statements. Such risks and uncertaintiesinclude, but are not limited to, risks and uncertainties relating toprofitability targets, prevailing interest rates, the performance of the Irishand the UK economies, the performance and volatility of international capitalmarkets, the expected level of credit defaults, the Group's ability to expandcertain of its activities, development and implementation of the Group'sstrategy, including the ability to achieve estimated cost reductions,competition, the Group's ability to address information technology issues andthe availability of funding sources. Any forward-looking statements speak onlyas of the date they were made. The Bank of Ireland Group does not undertake torelease publicly any revision to these forward-looking statements to reflectevents, circumstances or unanticipated events occurring after the date hereof.The reader should however, consult any additional disclosures that the Group hasmade or may make in documents it has filed or submitted or may file or submit tothe U.S. Securities and Exchange Commission. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BKIR.L