Brief: Swissquote FY Operating Revenues At CHF 321.8 Million

Swissquote Holding SA

18/03/2021 06:12

March 18 (Reuters) - SWISSQUOTE GROUP HOLDING SA  SQN.S :
    * FY OPERATING REVENUES  AT CHF 321.8 MILLION (CHF 239.9
MILLION)
    * FY NET REVENUES WERE UP BY 37.6 PERCENT ON THE PREVIOUS
YEAR TO
CHF 317.3 MILLION (CHF 230.6 MILLION)
    * FY NET FEE AND COMMISSION INCOME (EXCLUDING
CRYPTOCURRENCIES)
ROSE BY 68,5% TO CHF 146.0 MILLION (CHF 86,6 MILLION)
    * FY , NET INTEREST INCOME DROPPED BY 35.9 PERCENT TO CHF
25.7
MILLION (CHF 40.1 MILLION)
    * FY OPERATING EXPENSES W AT CHF 211.7 MILLION (CHF 180.1
MILLION)
    * OUTLOOK 2021: 15% GROWTH IN REVENUES AND 23% GROWTH IN
PRE-TAX
PROFIT
    * MEDIUM-TERM TARGETS FOR 2022 HAVE BEEN EXCEEDED TWO YEARS
EARLY,
AIMS TO POST FURTHER GROWTH RECORDS: FOR 2024 IT IS TARGETING
REVENUES OF CHF 500 MILLION AND PRE-TAX PROFIT OF CHF 200
MILLION
    * DIVIDEND BE INCREASED BY 50% FROM CHF 1.00 TO CHF 1.50 PER
SHARE

Source text - https://bit.ly/3vDFitF
Further company coverage:  SQN.S 

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