TechFlow news — European trading firm Flow Traders (Euronext: FLOW) released its unaudited financial results for Q2 2024. Net trading revenue reached €79.5 million, up 60.6% year-on-year; net profit was €12.8 million, with EPS at €0.30.
The company announced the launch of a trading capital expansion plan, the suspension of regular dividends, and the securing of a €25 million bank loan.
CEO Mike Kuehnel stated that the move aims to seize growth opportunities and create long-term value for shareholders. The company will continue to focus on improving operational efficiency while executing its growth and diversification strategy.
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