Brief: Swissquote H1 Net Profit Down At 22.0 Million Francs

Swissquote Holding SA

06/08/2019 06:08

Aug 6 (Reuters) - SWISSQUOTE GROUP HOLDING SA  SQN.S :
    * NET REVENUES OF CHF 112.2 MILLION FOR THE FIRST HALF OF
2019
    * H1 PRE-TAX PROFIT OF CHF 25.1 MILLION WAS LOWER
YEAR-ON-YEAR.
    * FOR THE YEAR AS A WHOLE, SWISSQUOTE CONTINUES TO PROJECT
GROWTH
IN NET REVENUES OF 5 TO 10 PERCENT.
    * PRE-TAX PROFIT FORECAST FOR 2019 OF CHF 44 MILLION MADE IN
MARCH
HAS BEEN REVISED TO CHF 48 MILLION.
    * H1 NET INTEREST INCOME UP 35.8 PERCENT TO CHF 21.2 MILLION
(CHF
15.6 MILLION).
    * H1 NET PROFIT WAS 14.3 PERCENT LOWER AT CHF 22.0 MILLION
(CHF
25.7 MILLION)

Further company coverage:  SQN.S 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))