on LAIQON AG (isin : DE000A12UP29)
LAIQON AG Shows Positive Q2 EBITDA, Targets Continued Growth
LAIQON AG's second quarter results indicate a positive shift in its financial performance, with EBITDA turning positive for the first time in years. The company's Digital Wealth platform has been crucial, contributing significantly to the group's assets under management (AuM), which saw a 13% increase to €11bn.
Sales for Q2 rose by 23% to €12.8m, driven by an impressive 114% growth in Digital Wealth revenue. Asset Management also performed well, though Wealth Management saw a slight decline. The Q2 EBITDA reached €1.1m, marking a notable improvement.
The company maintains its fiscal year guidance despite challenges. The upcoming launch of an AI ETF with Amundi and the expansion of the WertAnlage network are expected to boost Digital Wealth's contributions, underpinning LAIQON's strategic growth ambitions.
R. E.
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