PRESS RELEASE (N° 124)
Significant upturns of operation result and net profit.
Significant upturns of operation result and net profit.
BPL’s preliminary figures are higher than those of the previous year.
Half-year operating profit rose significantly compared to the first half of previous accounting period
Significant upturns of operating result and net profit
BPL’s preliminary figures are clearly higher than those of the previous year, the operating result being increased tenfold by a much less pronounced impact from exchange rates and an upturn of some stock markets, accompanied by solid performances issued by bond trading.
Financial year close to break-even despite a significant foreign exchange loss attributable to the scrap of currency ceiling against euro. A 20% dividend will be proposed at the upcoming AGM.
The preliminary figures are lower than those of the previous year, mainly because of the results of currencies and forex, which were impacted by the scrap of currency ceiling against euro and the inopportune strengthening of our national currency.
Half-year accounts affected by exchange rates despite stable revenues
Net profit in line with that of 2013, soundness of figures showed in the balance sheet. Increase of the dividend which will be proposed to shareholders.
The preliminary figures are roughly in line with those of the previous year. Increase of turnover within slightly lower margins. Stable performance of portfolios for own account. Solvency ratios largely respected.