Leonteq AG (SIX: LEON) announced today that it raises its full-year 2021 profit outlook to CHF 140-160 million.
Following a record performance in the first half-year 2021, Leonteq continued to develop strongly in the second half of the year to date, with an above average performance during the summer period. At the same time, Leonteq registered solid levels of client activity across its increasingly diversified business and continued to focus on disciplined risk management in a benign market environment.
Leonteq thus expects to report solid growth in its net fee income and a significant increase in its net trading result for the second half of 2021 compared to the second half of 2020. As a result, Leonteq raises its full-year 2021 outlook for Group net profit to a range of CHF 140-160 million (previous guidance: more than CHF 100 million).
Leonteq will publish its full-year 2021 results on 10 February 2022.
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LEONTEQLeonteq is a Swiss fintech company with a leading marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 13 countries, through which it serves over 50 markets. Leonteq AG is listed on the SIX Swiss Exchange (SIX: LEON).
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