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Fintech Group AG (FTKG.DE)

FTKG.DE on Xetra

31.00EUR
26 Apr 2018
Change (% chg)

€0.20 (+0.65%)
Prev Close
€30.80
Open
€31.00
Day's High
€31.10
Day's Low
€31.00
Volume
1,099
Avg. Vol
41,511
52-wk High
€33.50
52-wk Low
€14.25

Latest Key Developments (Source: Significant Developments)

FinTech Group Extends Contract Of CEO Frank Niehage
Wednesday, 14 Mar 2018 

March 14 (Reuters) - FINTECH GROUP AG ::EXTENDS CONTRACT OF CEO FRANK NIEHAGE.FRANK NIEHAGE WILL CONTINUE TO STEER GROUP AT LEAST UNTIL 2022.EXPECTS FOR 2018 REVENUES OF EUR 120 MILLION AND NET PROFITS OF EUR 24 MILLION.  Full Article

FinTech Group Secures New Major International B2B Contract
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - FINTECH GROUP AG ::SECURES NEW MAJOR INTERNATIONAL B2B CONTRACT AND STARTS ITS B2C BUSINESS SUCCESSFULLY.EVELOPMENT OF A FULLY-DIGITIZED STANDARD PLATFORM FOR ANDORRAN PRIVATE BANK VALL BANC.  Full Article

Morgan Stanley Is Allowed To Subscribe New Shares In Fintech Group
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Fintech Group Ag ::MORGAN STANLEY & CO. INTERNATIONAL PLC PARTICIPATES IN FINTECH GROUP AG WITHIN THE SCOPE OF A CASH CAPITAL INCREASE FROM AUTHORIZED CAPITAL.FINTECH GROUP- CO'S MANAGEMENT BOARD AGREED AND RESOLVED WITH CONSENT OF SUPERVISORY BOARD TO CASH CAPITAL INCREASE, MAKING USE OF AUTHORIZED CAPITAL​.‍COMPANY WILL ISSUE 700,000 NEW SHARES WITH A TOTAL ISSUE AMOUNT OF 18,158,000 EUR​.‍MORGAN STANLEY IS ALLOWED TO SUBSCRIBE ALL NEW SHARES​.  Full Article

FinTech Gives 2018 Guidance And Confirms 2017 Guidance
Monday, 11 Dec 2017 

Dec 11 (Reuters) - FINTECH GROUP AG ::DGAP-ADHOC: FINTECH GROUP AG ANNOUNCES 2018 GUIDANCE, CONFIRMS 2017 GUIDANCE.EXPECTS REVENUES OF EUR 120 MILLION AND A NET PROFIT OF EUR 24 MILLION IN 2018.EBITDA EXPECTED TO REACH EUR 40 MILLION IN 2018.  Full Article

Fintech Group H1 net profit up at EUR 7.0 mln
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - FINTECH GROUP AG FLAG.DE::CONFIRMS 2017 GUIDANCE OF 16.8 MILLION EUR NET PROFIT OR 1 EUR EARNINGS PER SHARE.H1 REVENUE AT 50 MILLION EUR VERSUS 48 MILLION EUR YEAR AGO.H1 NET PROFIT OF 7.0 MILLION EUR VERSUS 2.5 MILLION EUR YEAR AGO.H1 EBITDA AT 13.0 MILLION EUR VERSUS 13.8 MILLION EUR YEAR AGO.  Full Article

Fintech raises 2017 profit guidance
Friday, 31 Mar 2017 

Fintech Group Ag : Beats expectations, raises 2017 guidance . FY net profit of 12.3 million euros ($13.13 million) (2015: -2.2 million euros) . Increase of 2017 net profit guidance .Increases its net profit guidance for financial year 2017 to 16.8 million euros (previous estimate: 15.1 million euros).  Full Article

Fintech Group merges its current five affiliated companies into two
Wednesday, 1 Mar 2017 

Fintech Group AG : Fintech group plans to leverage further synergies by merging its five operating companies (Fintech Group AG, flatex GmbH, biw AG, XCOM AG, and ViTrade GmbH) into just two companies over coming months . Online broker flatex and ViTrade to be merged into biw AG, with new entity rebranded as Fintech Group Bank AG . IT-Systems provider XCOM AG to be merged into Fintech Group AG . Creating further synergies by merging its current five affiliated companies into two: a financial services entity and a tech entity will result in a reduction of annual operating expenses in order of a seven-digit euro sum .Considers to raise its 2017 guidance upon publication of annual financial report 2016 by April at latest.  Full Article

Fintech Group appoints Muhamad Chahrour as CFO
Thursday, 22 Dec 2016 

Fintech Group AG :Muhamad Chahrour appointed CFO to executive board of Fintech Group AG, effective Jan. 1, 2017.  Full Article

Fintech Group confirms guidance 2016
Friday, 9 Dec 2016 

Fintech Group AG : With positive outlook on 2017 . Guidance 2016 confirmed: EBITDA of 30-35 million euros and net profits of 8-10 million euros due to strong second half . Guidance 2017: net profits of at least 15.1 million euros from sales of more than 100 million euros on conservative end .Guidance 2017: earnings per share (undiluted) of at least 0.90 euros.  Full Article

Fintech Group gives 2017 guidance, confirms 2016 outlook
Thursday, 8 Dec 2016 

Fintech Group AG : Guidance 2017: net profit of about 15.1 million euros ($16.04 million) with revenues of more than 100 million euros . Guidance 2017: earnings per share (undiluted) 0.90 euros .Guidance 2016 confirmed: EBITDA between 30-35 million euros due to strong second half year.  Full Article

BRIEF-FinTech Group Extends Contract Of CEO Frank Niehage

* FRANK NIEHAGE WILL CONTINUE TO STEER GROUP AT LEAST UNTIL 2022