Swissquote released its FY2020 numbers. The key numbers were, however, already known (preliminary release on 14 January 2021). The key takeaways were related to the short and mid-term guidances. These are indeed very bullish with 15% growth in revenues expected in 2021 together with a 23% pre-tax profit margin and CHF500m revenues expected in 2024 (vs CHF320m in 2020) and a CHF200m pre-tax profit (vs CHF100m in 2020). We will adjust our numbers accordingly with a sharp rise expected in the targe ....
22 Mar 2021
Bullish (but reachable) targets
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Bullish (but reachable) targets
Swissquote Group Holding Ltd. (SQN:SWX) | 0 0 0.0%
- Published:
22 Mar 2021 -
Author:
Farhad Moshiri -
Pages:
3
Swissquote released its FY2020 numbers. The key numbers were, however, already known (preliminary release on 14 January 2021). The key takeaways were related to the short and mid-term guidances. These are indeed very bullish with 15% growth in revenues expected in 2021 together with a 23% pre-tax profit margin and CHF500m revenues expected in 2024 (vs CHF320m in 2020) and a CHF200m pre-tax profit (vs CHF100m in 2020). We will adjust our numbers accordingly with a sharp rise expected in the targe ....