Brief: Baader Bank H1 Operating Result At EUR 51.9 Mln

Baader Bank AG

30/07/2020 07:03

July 30 (Reuters) - BAADER BANK AG  BLMG.DE :
    * CONTINUED ON ITS COURSE OF STRONG PROFITABILITY AND
EARNINGS
POTENTIAL IN THE SECOND QUARTER OF 2020 - PRE-TAX PROFITS
INCREASED TO EUR 24.0 MILLION AND OPERATING RESULT TO EUR 51.9
MILLION FOR THE FIRST HALF OF 2020
    * H1 OPERATING RESULT TO EUR 51.9 MILLION
    * CONSOLIDATED NET INCOME BEFORE TAX FOR Q1 WAS AT EUR 10.7
MILLION
    * H1 PRE-TAX PROFITS INCREASED TO EUR 24.0 MILLION
    * CONSOLIDATED NET INCOME BEFORE TAX FOR Q1 WAS AT EUR 10.7
MILLION, BUT Q2 OUTPERFORMED THIS FIGURE AT EUR 13.3 MILLION
    * OUTLOOK 2020: EXPECTS A SIGNIFICANTLY POSITIVE OPERATING
RESULT
    * OUTLOOK 2020: EXPECTS TO BE ABLE TO PAY A DIVIDEND TO
BAADER
BANK SHAREHOLDERS FOR CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nEQ31cJ26a 
Further company coverage:  BLMG.DE 

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