Boursorama provides online banking, online brokerage, and online financial information services in France, the United Kingdom, Germany, and Spain. It offers a range of banking products comprising current accounts and interest-bearing accounts, savings products, housing loans, credit cards, life insurance, and other services, such as online payment by check, MoneyCenter, and mobile applications. The company also provides online brokerage products and services, such as diversified investment shares, options and futures, warrants, turbos, certificates, bonds, trackers, stocks, bonds, derivatives, CFDs, and spread betting, as well as services, including pro real time or day by day trading, techn...
18, Quai du Point du Jour
Founded in 1989
Boursorama(ENXTPA:BRS) dropped from CAC All-Tradable Index
May 19 14
Boursorama will be removed from the CAC All-Tradable Index.
Boursorama(ENXTPA:BRS) dropped from CAC Small Index
May 19 14
Boursorama will be removed from the CAC Small Index.
Boursorama Reports Non Audited Consolidated Financial Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Year 2014
May 2 14
Boursorama reported non audited consolidated financial results for the first quarter ended March 31, 2014. During the first quarter of 2014, the group posted a NBI of EUR 58.1 million against EUR 54.6 million a year ago, up 7%, driven by the best performance from the brokerage business since third quarter of 2011 (number of orders processed by the group up 23% at 1.7 million) and a very attractive banking offering in France. Profit before tax was EUR 11.1 million against EUR 17.0 million a year ago. Group share of net income was EUR 2.5 million against EUR 9.0 million a year ago. Gross operating income was EUR 16.1 million against EUR 17.1 million a year ago. In France, the results for the first quarter reflect the strength and profitability of Boursorama's online banking model and confirm target of 600,000 clients by the end of 2014.
The exit in the United Kingdom will have a negative effect on the group share of net income, which is expected to be close to zero for the year 2014.