trending Market Intelligence /marketintelligence/en/news-insights/trending/rcvQU88emZo8Y_WPvR84Pg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Geke Q1 profit climbs YOY


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 1: Origins of 451 Research - Part 1

Geke Q1 profit climbs YOY

Geke SA said its first-quarter normalized net income was 6 euro cents per share, a gain from 2 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €475,700, an increase from €159,300 in the year-earlier period.

The normalized profit margin increased to 29.6% from 8.8% in the year-earlier period.

Total revenue fell 10.9% year over year to €1.6 million from €1.8 million, and total operating expenses decreased 16.6% from the prior-year period to €1.2 million from €1.5 million.

Reported net income increased on an annual basis to €561,430, or 7 cents per share, from €188,610, or 2 cents per share.