Brief: Flow Traders Q4 Normalized Total Income Amounts to 113.9 Million Euros

Flow Traders

09/02/2023 06:39

Feb 9 (Reuters) - Flow Traders NV  FLOW.AS :
    * Q4 NORMALIZED TOTAL INCOME OF EUR 113.9MLN
    * FTES ARE EXPECTED TO REMAIN BROADLY FLAT DURING 2023 GIVEN
EXPECTED EFFICIENCY GAINS
    * Q4 NORMALIZED OPERATING EXPENSES OF EUR 65.7 MILLION
    * NORMALIZED EBITDA IN Q422 REACHED EUR 48.2 MILLION
REPRESENTING
A MARGIN OF 42%
    * Q4 NORMALIZED NET PROFIT AMOUNTED TO EUR 33.6 MILLION
    * NORMALIZED FIXED OPERATING EXPENSES 2023 ARE TO BE ABOUT
EUR
175-185 MILLION COMPARED TO EUR 161.6 MILLION IN 2022
    * PROPOSES A FINAL FY22 DIVIDEND OF EUR 0.80, IMPLYING A
TOTAL
DIVIDEND OF EUR 1.50 FOR FY22 AND A 51% DIVIDEND PAYOUT RATIO
    * SUBSTANTIAL PROGRESS HAS BEEN MADE IN DETAILED AND
THOROUGH
REVIEW OF FLOW TRADERS' CAPITAL STRUCTURE

Source text for Eikon:  ID:nGNElV95D 
Further company coverage:  FLOW.AS 
 (Reporting by Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com))