Brief: Flow Traders Expects Q2 2023 Normalized Net Trading Income Of Approx. EUR 49 Mln

Flow Traders

04/07/2023 06:35

July 4 (Reuters) - Flow Traders Ltd  FLOW.AS :
    * FLOW TRADERS Q2 2023 NTI PREVIEW
    * EXPECTS Q2 2023 NORMALIZED NET TRADING INCOME OF
APPROXIMATELY
EUR 49M AND NORMALIZED OTHER INCOME OF APPROXIMATELY EUR 2M
    * NORMALIZED FIXED OPERATING EXPENSES FOR Q2 IS IN-LINE WITH
PRIOR
GUIDANCE, RESULTING IN A MARGINALLY POSITIVE NORMALIZED
OPERATING PROFIT
    * THIS FINANCIAL PERFORMANCE REFLECTS HIGHLY SPECIFIC MARKET
CIRCUMSTANCES IN QUARTER WHICH SAW A SIGNIFICANT DECLINE IN
MARKET TRADING VOLUMES AS WELL AS LOWER VOLATILITY ACROSS MOST
REGIONS AND ASSET CLASSES.

Source text for Eikon:  ID:nGNEbFP2pV 
Further company coverage:  FLOW.AS 

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