Bourse Direct on Friday reported lower results for the 2022 financial year as part of a 'normalization' of its business due to the effects of the attenuation of the Covid epidemic.

Its consolidated operating profit stood at 7.8 million euros last year, compared with 10 million euros in 2021, down 21.8% on the basis of net banking income up 5.9% to 42.3 million euros.

Consolidated net income came to 5.9 million euros, compared with 7.2 million euros in 2021.

In its press release, the online broker indicated that the number of orders executed stood at 5.2 million for direct customers, compared with 6.1 million in 2021.

This downturn is part of a general decline in volumes handled on all European markets in 2022, it states in a press release.

The number of new customers recruited has nevertheless remained steady, with almost 280.000 accounts at the end of 2022, with a clear acceleration in new account recruitment at the beginning of 2023.

With regard to 2023, the Group believes that the rising interest rate environment observed since mid-2022 is favorable to its business, and that it will have a positive impact on earnings this year.




Copyright (c) 2023 CercleFinance.com. All rights reserved.