Accountants &business advisers
Accountants &Baader Bank AG / Key word(s): Change in Forecast All data is based on provisional and unaudited consolidated figures
Baader Bank Aktiengesellschaft is revising its previous forecast for the 2023 financial year. Provisional figures show that Baader Bank achieved balanced earnings before tax in the third quarter. The Group's nine-month earnings before tax is expected to be EUR 3 million. In the context of this results trend, the Board of Directors believes that the earnings before tax forecast of EUR 15 million to EUR 25 million for 2023 as a whole will not be achieved. Based on the provisional figures for the Group for the first nine months, the Board of Directors currently expects balanced earnings before tax for 2023 as a whole. The discrepancy is due predominantly to the very challenging market environment that continues to prevail, prompting significantly lower trading volumes and the corresponding negative effects on trading income. It should be noted that the Board of Directors believes that given unforeseeable and external factors, reliable forecasts of business development can only be made subject to certain limitations. The final nine-month figures will be announced as scheduled on 26 October 2023. For further information and media inquiries: Marlene Constanze Hartz T +49 89 5150 1044 Baader Bank AG
Next dates: 26/10/2023 Corporate News 9M results
About Baader Bank AG: Baader Bank is one of the leading European partners for investment and banking services. Trading and banking are combined using a single powerful platform that offers a unique setup and optimum access to the capital market using a secure, automated and scalable approach. As a family-run full-service bank with its headquarters in Unter-schleissheim near Munich, Baader Bank AG employs around 550 staff members and operates in the business fields of Market Making, Capital Markets, Brokerage, Fund Services, Account Services and Research Services.
End of Inside Information 18-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Baader Bank AG |
| Weihenstephaner Str. 4 | |
| 85716 Unterschleissheim | |
| Germany | |
| Phone: | +49 89 5150 1013 |
| Fax: | +49 89 5150 1111 |
| E-mail: | communications@baaderbank.de |
| Internet: | www.baaderbank.de |
| ISIN: | DE0005088108 |
| WKN: | 508810 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 1752135 |
| End of Announcement | EQS News Service |
Dear shareholders of Baader Bank,
The financial reports are made available exclusively as electronic documents in PDF format. This decision was prompted primarily by the issue of sustainability. As fewer printed reports are needed each year and the largest number remain unnoticed in storage, we have decided to take this step. We hope for your understanding!
Of course, you can register for our press releases by e-mail at any time.
Marlene Constanze Hartz
IR-Contact
T +49 89 5150 1044
| 10/25/2024 | Separate combined non-financial report 2023 | EN |
| 07/25/2024 | Semi-Annual Report 2024 | EN |
| 05/23/2024 | Annual Report of Baader Bank Group 2023 | EN |
| 07/27/2023 | Semi-Annual Report 2023 | EN |
| 05/31/2023 | Annual Report of Baader Bank Group 2022 | EN |
| 07/28/2022 | Semi-Annual Report 2022 | EN |
| 06/13/2022 | Annual Report of Baader Bank Group 2021 | EN |