Sucden Financial reports increasing revenues and profits

Sucden Financial reports increasing revenues and profits

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SUCDEN FINANCIAL
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Apr 10, 2019
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Sucden Financial, a leading international derivatives and FX broker today announced its financial results. The audited accounts for the year ending 31 December 2018 record higher revenues and profits as the company continues to expand its multi-asset services.

Key highlights:

  • Net profit of £16.4 million, against £10.9 million in 2017
  • Net revenues of £63.3 million, against £48.7 million in 2017
  • Total net assets of £115.6 million, against £101.6 million in 2017

“Our latest financial results reflect the strength and continued success of our diversified business model”, commented Michael Overlander, Chief Executive Officer. He continued, “We have a strong platform from which to further develop our services to our growing client base and remain fully supported by our European parent company.”

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