Brief: Flow Traders Q2 EBITDA Of EUR 40.3 Mln

Flow Traders

23/07/2021 06:37

July 23 (Reuters) - FLOW TRADERS NV  FLOW.AS :
    * Q2 NET PROFIT 28.7 MILLION EUR
    * Q2 BASIC EARNINGS PER SHARE 0.66 EUR
    * Q221 EBITDA REACHED EUR 40.3M WITH A MARGIN OF 43%
CONTRIBUTING
TO H121 EBITDA OF EUR 119.6M WITH A MARGIN OF 51%
    * INTERIM FY21 DIVIDEND SET AT EUR 1 PER SHARE AND
EX-DIVIDEND
DATE IS 17 AUGUST 2021
    * Q221 NET PROFIT AMOUNTED TO EUR 28.7M WITH BASIC EPS OF
EUR
0.66. H121 NET PROFIT AMOUNTED TO EUR 90.2M WITH BASIC EPS OF
EUR 2.05
    * FLOW TRADERS RECORDED NTI OF EUR 94.4M IN Q221 REFLECTING
A MORE
NORMALISED MARKET ENVIRONMENT. THIS COMPARES TO NTI OF EUR
142.2M IN Q121 AND EUR 229.9M IN Q220. H121 NTI WAS EUR 236.6M
VERSUS EUR 724.8M IN H120
    * FLOW TRADERS ETP VALUE TRADED DECREASED 15%
QUARTER-ON-QUARTER
AND DECREASED 6% H121 VERSUS H120
    * COMPLETED EUR 20M SHARE BUYBACK ANNOUNCED IN APRIL 2021
ANNOUNCE
ADDITIONAL REPURCHASE OF SHARES OF UP TO EUR 20M COMMENCING ON
23 JULY 2021 OVER A PERIOD OF 12 MONTHS IN CONNECTION WITH
EMPLOYEE INCENTIVE PLANS
    * TRADING CAPITAL STOOD AT EUR 619M AT END OF Q2
    * MARKET ETP VALUE TRADED DECREASED 14% QUARTER-ON-QUARTER
AND
DECREASED 14% H121 VERSUS H120

Source text for Eikon:  ID:nGNE38wfLj 
Further company coverage:  FLOW.AS 

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