Lhyfe: unsurprising FY23 results, revised 2024-2026 outlook
Lhyfe has announced FY23 results and provided indications for FY24 revenue guidance. Whereas FY23 revenue was already communicated at EUR1.3m (+30% vs cons. at EUR1m), Lhyfe has reported a lower than expected EBITDA loss at EUR28.1m (9% ahead of cons. at -EUR31.0m), even with continued structuring
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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