Brief: Baader Bank FY Trading Profit Down To EUR 41.0 Mln

Baader Bank AG

22/03/2019 07:57

March 22 (Reuters) - BAADER BANK AG  BLMG.DE :
    * ENDS 2018 WITH A CLEARLY NEGATIVE CONSOLIDATED ANNUAL
RESULT AND
GAINS A BETTER STARTING POSITION FOR FUTURE GROWTH WITH
COMPREHENSIVE STRATEGIC MEASURES
    * FY TRADING PROFIT GENERATED BY BAADER BANK GROUP FELL TO
EUR
41.0 MILLION IN PAST FINANCIAL YEAR (PREVIOUS YEAR: EUR 57.7
MILLION).
    * REVENUE GENERATED EXCLUSIVELY BY CROATIAN WIND FARM SELAN
INCREASED TO EUR 13.1 MILLION IN 2018 (PREVIOUS YEAR: EUR 12.1
MILLION).
    * FY NET COMMISSION INCOME AT EUR 40.5 MILLION (PREVIOUS
YEAR: EUR
46.5 MILLION)
    * NET INCOME OF EUR -14.2 MILLION IN 2018 (PREVIOUS YEAR:
EUR 7.7
MILLION).

Source text for Eikon:  ID:nEQ20nMSga 
Further company coverage:  BLMG.DE 

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