Brief: Baader Bank posts H1 operating loss of 2.8 million euros

Baader Bank AG

27/07/2016 07:01

July 27 (Reuters) - Baader Bank Ag  BLMG.DE  
    * Net commission income declined by 19.1 pct, from 27.3 
million euros in first half of last year to 22.1 million euros  
($24.29 million) in reporting period 
    * H1 trading profit of 24.5 million euros was 22.9 pct lower 
than prior-period comparison figure 
    * Operating result of -2.8 million euros in first half of 
2016 (py: 3.2 million euros) 
    * In market making segment, Baader Bank expects trading 
volumes to stabilize at currently very low level 
    * H1 net interest income, including current income, rose by 
76.8 pct to 1.9 million euros 
    * EBT amounted to -2.1 million euros for period ended June 
30(py: 3.5 million euros) 
 
Source text for Eikon:  ID:nEQ5LRgcsa  
Further company coverage:  BLMG.DE  
 
($1 = 0.9100 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))