The Swiss structured products provider posted ‘disappointing’ results despite a record high number of transactions and products issued on its platform.
Leonteq has posted disappointing results after recording a reduction in net trading ‘with limited but positive contributions from both hedging and treasury activities totalling CHF21.5 million (US$23.7 million) compared to CHF36.6 million in the prior year’. My final business year as CEO presented several challenges and following record years in 2021 and 2022, our results are clearly disappointing - Lukas Ruflin, CEO This performance has translated into a 71% fall in group