Swissquote released this morning a trading update regarding the expected results for H1 21. These are simply impressive. The company indeed expects CHF260m in revenues and CHF130m in pre-tax profit for H1 21. As a comparison, the previous guidance for FY2021 was total revenues of CHF360m and pre-tax profit of CHF130m. Guidance will therefore be sharply revised upwards and we will adjust our forecasts accordingly.
16 Jun 2021
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Swissquote Group Holding Ltd. (SQN:SWX) | 0 0 0.0%
- Published:
16 Jun 2021 -
Author:
Farhad Moshiri -
Pages:
2
Swissquote released this morning a trading update regarding the expected results for H1 21. These are simply impressive. The company indeed expects CHF260m in revenues and CHF130m in pre-tax profit for H1 21. As a comparison, the previous guidance for FY2021 was total revenues of CHF360m and pre-tax profit of CHF130m. Guidance will therefore be sharply revised upwards and we will adjust our forecasts accordingly.