April 24, 2018 / 5:50 AM / 6 months ago

BRIEF-Flow Traders Q1 EBITDA Up At 133.9 Million Euros

April 24 (Reuters) - FLOW TRADERS NV:

* REG-FLOW TRADERS REPORTS BEST QUARTERLY PERFORMANCE TO DATE, CONFIRMING THE BUSINESS MODEL

* NTI INCREASED TO EUR 213.2 MILLION IN 1Q18, AGAINST EUR 39.3 MILLION IN 4Q17 AND EUR 48.3 MILLION IN 1Q17;

* EBITDA MARGIN 1Q18 WAS 63% COMPARED TO 34% IN 4Q17;

* Q1 NET TRADING INCOME EUR 213.2 MILLION VERSUS EUR 48.3 MILLION YEAR AGO

* Q1 NET PROFIT EUR 109.7 MILLION VERSUS EUR 13.6 MILLION YEAR AGO

* DIVIDEND POLICY REMAINS UNCHANGED, FLOW TRADERS TARGETS TO PAY OUT AT LEAST 50% OF ITS NET PROFIT;

* Q1 EBITDA EUR 133.9 MILLION VERSUS EUR 18.2 MILLION YEAR AGO

* STRONG GROWTH TREND WITNESSED IN ETP INDUSTRY IN 2017 IS EXPECTED TO CONTINUE IN 2018 AND BEYOND

* LOOKING AT CRR AND MIFID II, THESE DEVELOPMENTS HAVE NOT LIMITED FLOW TRADERS IN ITS ABILITIES TO GROW Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below