Brief: Flow Traders Q3 Adjusted EBITDA Reached EUR 37.9 Million

Flow Traders

22/10/2020 06:57

Oct 22 (Reuters) - Flow Traders NV  FLOW.AS :
    * Q3 ADJUSTED EBITDA REACHED EUR 37.9 MLN WITH AN ADJUSTED
MARGIN
OF 48%
    * Q320 ADJUSTED NET PROFIT AMOUNTED TO EUR 29.0 MLN WITH
ADJUSTED
EPS OF EUR 0.64
    * Q320 ADJUSTED EBITDA REACHED EUR 37.9M WITH AN ADJUSTED
MARGIN
OF 48% CONTRIBUTING TO YTD 9M20 ADJUSTED EBITDA OF EUR 502.1M
WITH AN ADJUSTED MARGIN OF 63%
    * TOTAL OPERATING EXPENSES OF EUR 46.5M INCURRED IN Q320,
WHICH
INCLUDED EUR 0.5M OF COVID-RELATED ONE-OFF EXPENSES
    * RECORDED NTI OF EUR 78.3M IN Q320 REFLECTING LOWER
ACTIVITY
LEVELS AS MARKETS FURTHER NORMALISED. THIS COMPARES TO NTI OF
EUR 229.9M IN Q220 AND EUR 53.3M IN Q319.
    * VALUE TRADED FELL 20% QUARTER-ON-QUARTER AND INCREASED 52%
YTD
9M20 VERSUS YTD 9M19
    * VALUE TRADED FELL 14% QUARTER-ON-QUARTER AND INCREASED 51
% YTD
9M20 VERSUS YTD 9M19, OUTPERFORMING BROADER MARKET IN Q320 AS
FLOW TRADERS CONTINUED TO GAIN MARKET SHARE IN ALL REGIONS

Source text for Eikon:  ID:nGNE7Z5nmr 
Further company coverage:  FLOW.AS 

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