BB Seguridade to wait 'for two months' before revising guidance
SAO PAULO May 7 (Reuters) - BB Seguridade Participações SA , the insurance holding company controlled by Banco do Brasil SA, plans to wait for "two months" of more information before deciding on a revision of operational targets for this year, Chief Financial Officer Werner Suffert said on Thursday.
The company wants " to wait at least another two months" before raising the so-called guidance, even after reporting stronger-than-expected first-quarter profit, Suffert said in an interview. A decline in claims at the SH1 segment has a recurring nature, an indication that results could end the year closer to the high end of guidance, he added. (Reporting by Guillermo Parra-Bernal and Aluísio Alves; Editing by Chizu Nomiyama)
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