Brief: Baader Bank FY EBT Up At EUR 68,000

Baader Bank AG

20/03/2020 07:33

March 20 (Reuters) - BAADER BANK AG  BLMG.DE :
    * POSITIVE EBT OF EUR 68,000 FOR 2019 FINANCIAL YEAR
(PREVIOUS
YEAR: EUR -19.4 MILLION)
    * FY TOTAL REVENUE INCREASED BY 6% TO EUR 104.3 MILLION
(PREVIOUS
YEAR: EUR 98.1 MILLION)
    * GIVEN NORMAL MARKET CONDITIONS, BOARD OF DIRECTORS EXPECTS
A
POSITIVE OPERATING PROFIT FOR BAADER BANK GROUP FOR WHOLE OF
2020 FINANCIAL YEAR
    * MEDIUM-TERM OBJECTIVE IS TO GRADUALLY RETURN BAADER BANK
TO A
SUITABLE LEVEL OF PROFITABILITY IN A MARKET ENVIRONMENT WHICH
CONTINUES TO BE CHALLENGING
    * NO RELIABLE SALES OR EARNINGS FORECASTS CAN BE DEDUCED FOR
2020

Source text for Eikon:  ID:nEQb5X1p7a 
Further company coverage:  BLMG.DE 

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