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Leonteq AG (SIX: LEON), the independent technology and service provider for investment solutions, today announced a return to profitability in the first half of 2017. Financial performance was characterized by strong growth in fee income following the resolution of important operational issues with key platform partners, coupled with the rigorous execution of the announced cost reduction program and negative hedging synergies due to historically low volatility levels.
At today’s annual general meeting of Leonteq AG (SIX: LEON), shareholders have approved all proposals put forward by the board of directors. A total of 173 shareholders were present at the meeting held in Zurich, representing approximately 59.4% of the issued and outstanding shares of Leonteq.
Leonteq AG (SIX: LEON), the independent technology and service provider for investment solutions, today announced the agenda items and proposals of the board of directors for its annual general meeting, which will be held on 23 March 2017.
Leonteq AG (SIX: LEON), the independent technology and service provider for investment solutions, today announces its results for the year 2016, reflecting a combination of significantly lower revenues, especially in the second-half, and substantially increased costs. Management has set clear priorities and initiated decisive actions, including additional cost saving measures, to restore profitability. 2017 is expected to be a transitional year.
Crédit Agricole Corporate and Investment Bank (“Crédit Agricole CIB”) and Leonteq Securities AG (“Leonteq”) today announce the execution of a cooperation agreement in the area of structured investment products. Crédit Agricole CIB will leverage Leonteq’s technology and expertise to customise and distribute Crédit Agricole CIB structured products to its client network.
«Creative Concepts» is the theme of the biggest finance trade fair in Switzerland, to be held on 1 and 2 February 2017, bringing together all facets of finance expertise under one roof at Kongresshaus Zürich for the 19th time. You are warmly invited to the open day and we look forward to welcoming you. Get one of our free entrance tickets and visit us on our stand, number V.07.
Leonteq AG (SIX: LEON), a leading independent provider of structured investment products and related services, today announced that it expects an estimated pre-tax profit of approx. CHF 17 million for the full year 2016. This reflects significantly lower revenues in the second half year, strategic investments in line with previous communication, as well as one-off costs. Leonteq confirms its 2020 targets announced at the Investor Day.