Brief: Leonteq FY Net Profit At CHF 39.9 Million

Leonteq AG

11/02/2021 05:32

Feb 11 (Reuters) - LEONTEQ AG  LEON.S :
    * PUBLISHES SECOND HALF AND FULL-YEAR 2020 RESULTS
    * FY NET PROFIT 39.9 MILLION CHF VERSUS 62.7 MILLION CHF
YEAR AGO
    * STRONG CAPITAL BASE MAINTAINED WITH TOTAL SHAREHOLDERS'
EQUITY
OF CHF 647.5 MILLION AND DEFERRED FEE INCOME OF CHF 75.1 MILLION
AT END-2020
    * DISTRIBUTION TO SHAREHOLDERS OF CHF 0.75 PER SHARE
PROPOSED FOR
FINANCIAL YEAR 2020, UP 50% FROM CHF 0.50 PER SHARE FOR 2019
    * CAPITAL BASE TARGETED TO REACH CHF 800 MILLION AREA BY
END-2021
FOLLOWING WHICH LEONTEQ WILL TRANSITION FROM CONSERVATIVE TO
PROGRESSIVE DIVIDEND POLICY
    * CONTINUED INVESTMENTS IN KEY INITIATIVES AND TOTAL
OPERATING
EXPENSES OF APPROXIMATELY CHF 210 MILLION EXPECTED FOR 2021
    * FY TOTAL OPERATING INCOME DECREASED BY 8% YEAR-ON-YEAR TO
CHF
234.5 MILLION,

Source text for Eikon:  ID:nEQ6fh5zRa 
Further company coverage:  LEON.S 

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