After record year 2024, flatexDEGIRO announces mid-term targets for Fiscal Year 2027, targeting a Net Income of around EUR 200 million
|
EQS-Ad-hoc: flatexDEGIRO AG / Key word(s): Forecast After record year 2024, flatexDEGIRO announces mid-term targets for Fiscal Year 2027, targeting a Net Income of around EUR 200 million flatexDEGIRO AG (the “Company“), closed its fiscal year 2024 with Revenues of EUR 480 million and a Net Income of EUR 112 million, based on preliminary results. For 2025, flatexDEGIRO expects to maintain these record levels despite reduced Interest Income. For Revenues, the Company expects a change compared to 2024 in the range of -5 % to +5 % and for Net Income of -5% to +10%. Based on strategic measures and new product launches, the Management Board of flatexDEGIRO AG today has agreed on mid-term targets for fiscal year 2027. The Company expects to increase its Revenues to around EUR 650 million and to achieve a Net Income of around EUR 200 million in fiscal year 2027. Contact: Achim Schreck Head of IR & Corporate Communications flatexDEGIRO AG Omniturm, Große Gallusstr. 16-18 60312 Frankfurt am Main, Germany +49 (0) 69 450001 1700 achim.schreck@flatexdegiro.com End of Inside Information Information and Explanation of the Issuer to this announcement: Further details on the preliminary results for 2024 and the strategic priorities through 2027 will be published by flatexDEGIRO on its corporate website on February 25, 2025, at 8:00 a.m. CET, followed by a press conference and a publicly available analyst and investor presentation starting at 2:00 p.m. CET. The presentation can be followed live at the following link: https://flatexdegiro.engagestream.companywebcast.com/2025-02-25-flatexdegiro
24-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | flatexDEGIRO AG |
| Omniturm, Große Gallusstraße 16-18 | |
| 60312 Frankfurt / Main | |
| Germany | |
| Phone: | +49 (0) 69 450001 0 |
| E-mail: | ir@flatexdegiro.com |
| Internet: | www.flatexdegiro.com |
| ISIN: | DE000FTG1111 |
| WKN: | FTG111 |
| Indices: | SDAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2090733 |
| End of Announcement | EQS News Service |
|
|
2090733 24-Feb-2025 CET/CEST
