Bondpartners SA, Lausanne:  Final net profit amounted to CHF 2.5 million and  operating result doubled. [...]

Significant improvement of annual profit and increase in reserves.

The first half-year 2021 registered a net profit which has risen significantly at CHF 2.3m (vs -0.32m)

Unreserved confirmation of the unaudited figures previously announced in January 2021: the net profit amounted to CHF 1.5 million and the total balance sheet reached CHF 123.7 million (with current assets of CHF 114 million and shareholders’ equity of CHF 84 million).

Resiliency despite the pandemic and economic crisis. As for 2020, Bondpartners’ preliminary and unaudited net profit is almost half of that posted the previous year, the pandemic and economic crisis having affected somewhat the results of security positions and those of currency exchange, when on the contrary securities trading strengthened and achieved higher profits, along with larger volumes.

The first half-year under review was ineluctably dragged down by the Covid-19 pandemic. The valuation of securities held in proprietary positions and the reinforcement of the Swiss franc weighted on the global result of dealing activities and investments, while trading operations generated an income and revenue rose strongly.

It was a satisfactory financial year for the Lausanne based securities house which published a net profit of CHF 3.1 million

As for 2019, preliminary figures are clearly higher than those of the previous year.

Strong growth in the first semester.

Despite a sustainable level of activity, it was an ambivalent year, nostro has been undermined by th