Bank of Åland Plc revised earnings guidance for 2016. On March 17, 2016, when the Bank published its Annual Report for 2015, the Bank announced its future outlook for 2016. At that time, the Bank expected that it would report a net operating profit in 2016 about the same as in 2015, that is, an operating profit of about EUR 30.3 million. In light of developments in the fixed income and stock markets and based on updated accounting data for the first half of 2016, the Bank is now revising its full-year outlook for 2016. The Bank expects its net operating profit in 2016 to be about the same or lower than in 2015.

Net operating profit in the first half amounted to EUR 12.6 million.