BRIEF-Deutsche Pfandbriefbank now sees FY profit at upper end of range
Aug 14 (Reuters) - Deutsche Pfandbriefbank AG
* Pre-Tax profit up over Q2 2016, by more than 30% to €56 million
* Now expects pre-tax profit to be at the upper end or slightly above the guidance of €150-170 million
* Q2 net profit 47 million eur
* Q2 pretax profit 56 million eur
* In terms of new business, pbb confirmed its guidance of a volume between €10.5-12.5 billion
* No longer expects its strategic financing volume to grow markedly, but now anticipates a moderate increase Source text: here Further company coverage: