Brief: Swissquote Group To Propose Stable Dividend Of CHF 1.00/Shr

Swissquote Holding SA

17/03/2020 06:23

March 17 (Reuters) - Swissquote Group Holding SA  SQN.S :
    * INCREASED ITS FY NET REVENUES BY 7.5 PERCENT YEAR-ON-YEAR TO CHF 230.6 MILLION. AT CHF
44.7
MILLION
    * CLIENT ASSETS ROSE TO A RECORD CHF 32.2 BILLION IN 2019
    * FOR 2020, SWISSQUOTE IS ANTICIPATING FURTHER GROWTH IN NET REVENUES AND PROFIT OF MORE
THAN 10%
    * FY NET FEE & COMMISSION INCOME DECLINED BY 6.6 PERCENT TO CHF 92.9 MILLION (CHF 99.5
MILLION),
    * FY NET INTEREST INCOME INCREASED BY 20.7 PERCENT TO CHF 40.1 MILLION (CHF 33.2 MILLION)
    * FY NET PROFIT FIGURE OF CHF 44.7 MILLION SLIGHTLY SURPASSED THE PRIOR-YEAR FIGURE (CHF
44.6
MILLION).
    * SWISSQUOTE IS ALSO EXPERIENCING A MASSIVE DEMAND IN ACCOUNT OPENING
    * SEVERAL THOUSAND APPLICATIONS ARE RE-CEIVED EACH WEEK SINCE THE BEGINNING OF THE YEAR
    * TO PROPOSE DIVIDEND OF CHF 1.00 PER SHARE BE DISTRIBUTED TO SHAREHOLDERS, AS IN THE
PREVIOUS
YEAR.
    * INCREASED ITS FY NET REVENUES BY 7.5 PERCENT YEAR-ON-YEAR TO CHF 230.6 MILLION 

Source text - https://bit.ly/2QmWwsr
Further company coverage:  SQN.S 

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