Unsurprising results
Lhyfe has announced FY22 results showing a lower than expected top line at EUR0.6m (40% lower than consensus at EUR1m) and a significantly higher EBITDA loss at -EUR17m (34% higher than consensus at -EUR12.7m). This loss was mainly due to Lhyfe's structuring and business development investments. Wi
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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