Rothschild & Co: 9m 2019 revenues reach E1.28bn
(CercleFinance.com) - Announced on Tuesday evening, Rothschild & Co.
's Q3 2019 net banking income reached 381.3 million euros in Q3 2019, compared with 453.9 million euros in Q3 2018 (-16%).
Noting, "Robust revenue despite less favourable M&A environment," the group also announced 9m revenues of 1.28 billion euros, down 12%.
"Whilst 2018 was a very strong year, 2019 is more challenging due to the increased uncertainty surrounding the macro environment. We maintain our focus on our strategy of growing our three businesses and improving the synergies between them, while, in the event of a decline in market conditions," Rothschild & Co said regarding its outlook.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
's Q3 2019 net banking income reached 381.3 million euros in Q3 2019, compared with 453.9 million euros in Q3 2018 (-16%).
Noting, "Robust revenue despite less favourable M&A environment," the group also announced 9m revenues of 1.28 billion euros, down 12%.
"Whilst 2018 was a very strong year, 2019 is more challenging due to the increased uncertainty surrounding the macro environment. We maintain our focus on our strategy of growing our three businesses and improving the synergies between them, while, in the event of a decline in market conditions," Rothschild & Co said regarding its outlook.
Copyright (c) 2019 CercleFinance.com. All rights reserved.