Brief: Flow Traders Q3 Normalized Net Trading Income Of EUR 67.6M

Flow Traders

26/10/2023 06:50

Oct 26 (Reuters) - Flow Traders Ltd  FLOW.AS :
    * FLOW TRADERS RECORDED NORMALIZED NET TRADING INCOME OF EUR
67.6M
AND NORMALIZED TOTAL INCOME OF EUR 68.0M IN Q323
    * FLOW TRADERS' Q3 ETP VALUE TRADED DECLINED 18% Y/Y GIVEN
DECLINE
IN OVERALL MARKET TRADING ENVIRONMENT
    * NORMALIZED EBITDA IN Q323 CAME IN AT EUR 15.9M, GENERATING
A
NORMALIZED EBITDA MARGIN OF 23%.
    * Q323 NORMALIZED NET PROFIT WAS EUR 9.4M, WITH NORMALIZED
BASIC
EPS OF EUR 0.22
    * NORMALIZED FIXED OPERATING EXPENSES ARE EXPECTED TO REMAIN
IN
RANGE OF EUR 175-185M FOR FULL YEAR

Source text for Eikon:  ID:nGNE35jTHH 
Further company coverage:  FLOW.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))