Leonteq: Set for best day in 4 months on H1 update

Leonteq AG

15/06/2021 08:00

** Shares in Leonteq  LEON.S  are seen up 5.7% according to
Julius Baer pre-market indications after the Swiss fintech said
it should report record profits for the first half of 2021
 urn:newsml:reuters.com:*:nASN001BLF
    ** The company did not specify the amount of income it
expects for the period, but said its capital base should reach
the target of around CHF 800 million ($890.67 million) as early
as by end-June
    ** Credit Suisse says the announcement is a positive
surprise, adding it sees Leonteq's net profit within the range
of CHF 55-70 mln
    ** The stock is seen at the top of Switzerland's mid cap
index  .SMIM 


($1 = 0.8982 Swiss francs)

 ((veronica.snoj@tr.com; zuzanna.szymanska@tr.com))