Brief: Baader Bank posts FY loss before taxes of EUR 7.6 million

Baader Bank AG

18/03/2016 07:03

March 18 (Reuters) - Baader Bank AG  BLMG.DE : 
    * Expects capital market transactions to rise in current 
year 2016 and plans to intensify its business with asset 
managers 
    * FY trading profit rose substantially, by 20 pct to 52.6 
million euros ($59.37 million) 
    * FY net commission income 50.147 million euros versus 
52.402 million euros year ago 
    * Reported a loss before taxes of 7.6 million euros for 
fiscal year 2015, due to non-recurring writedowns and 
impairments in investment book. 
    * Will focus on further expanding its operating business in 
2016 
 
Source text for Eikon:  ID:nEQ6hqwgXa  
Further company coverage:  BLMG.DE  
 
($1 = 0.8860 euros) 
 
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