NeoNet AB (publ) - Interim Report 1 January-30 September 2000

Report this content

NeoNet AB (publ) - Interim Report 1 January-30 September 2000 Interim report in short: *Commission income was SEK 114.5 (58.7) m, up 95%. *Operating earnings before depreciation and net financial items rose by 50% to SEK 29.2 (19.5) m. *In September, 58% of revenues were generated from electronically routed orders, while for the period January to September inclusive, this share was 46%, against 31% in the corresponding period of the previous year. *NeoNet linked up to the Frankfurt Stock Exchange (Deutsche Börse, Xetra) for automatic order routing in March. *Investments in the period were SEK 21.8 (18.3) m. *NeoNet effected a new issue, with payment on 19 October, attendant to its 20 October listing on the OM Stockholm Exchange's O-list. The issue is expected to raise SEK 160 m for the company, less issue expenses. The number of shares expanded by 8 million to 40.6 million (25%). The entire interim report can be downloaded on www.neonetsecurities.com (under News) For further information contact: Torvald Bohlin, CEO of NeoNet AB (publ) Tel. + 46 8 454 15 39 torvald.bohlin@neonet.se NeoNet is a leading provider of real time equity execution services for institutional investors and broker-dealers. Through its Electronic Execution Network, NeoNet provides its clients with efficient, secure and anonymous access to currently 25% of the equity market capitalization in Europe. NeoNet focuses on providing single access to multiple securities markets worldwide. NeoNet has 60 employees and offices in Stockholm and New York. NeoNet AB (publ), P.O. Box 7545, SE-103 93 Stockholm, Sweden Tel: +46 8 454 15 00, Fax: +46 8 10 40 84 www.neonetsecurities.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/25/20001025BIT01470/bit0001.doc http://www.bit.se/bitonline/2000/10/25/20001025BIT01470/bit0002.pdf