Brief: Allfunds H1 Net Revenues Up At EUR 266 Mln

Allfunds

28/07/2023 09:00

July 28 (Reuters) - ALLFUNDS  ALLFG.AS :
    * H1 ASSETS UNDER ADMINISTRATION AT EUR 1.35 BLN, UP 3.7%
YOY
    * H1 NET REVENUES AT EUR 266 MLN, UP 3% YOY
    * H1 PLATFORM SERVICE POSITIVE MARKET PERFORMANCE OF EUR 41
BLN OR
4.5% SINCE DEC 2022
    * H1 PLATFORM REVENUES AMOUNTED TO EUR 239 MLN
    * H1 ADJUSTED EBITDA OF EUR 172 MLN
    * H1 ADJUSTED EBITDA MARGIN OF 65%, IN LINE WITH 2023
EXPECTATIONS
    * ANNOUNCES LAUNCH OF EUR 100 MLN SHARE BUY-BACK PROGRAMME
    * SUBSCRIPTION REVENUES INCREASED BY 82% TO EUR 27 MLN
    * ON TRACK TO DELIVER FY 2023 OUTLOOK ASSUMING FLAT MARKET
UNTIL
END OF YEAR

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDLCFKsY
 Further company coverage:  ALLFG.AS  

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