Lhyfe: H1 results, growth and cost control
Lhyfe has announced H1 2024 results highlighting revenue growth to EUR1.7m (vs cons. expectations at EUR9.1m FY24), and an EBITDA loss at EUR11.7m (vs cons. figure at -EUR30.2m FY24). This shows an improvement YoY with OPEX EUR3m lower than in H1 2023, mostly resulting from lower personnel expenses
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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