After record year 2024, flatexDEGIRO announces mid-term targets for Fiscal Year 2027, targeting a Net Income of around EUR 200 million

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

24-Feb-2025 / 19:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.


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.
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