Report
Flow Traders : Q2 2024 results missing consensus, dividend suspended at the benefit of trading capital growth
>Q2 2024 results materially missing consensus - FLOW came out with a disappointing set of figures, missing consensus forecast across most of line items. ETP value traded missed by 10.8%, whereby both EMEA and US volumes came about 10% below expectations. FLOW reported NTI of € 79.5m, missing expectations by 16.1%. In the mix however, EMEA came slightly ahead however US was very disappointing at 49.6% below forecasts. EBITDA was € 21.1m, a 27.7% margin which is in rela...
Underlying
FLOW TRADERS LTD
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Julian Dobrovolschi
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