According to TechFlow, European trading company Flow Traders (Euronext: FLOW) released its unaudited financial report for Q2 2024. Net trading revenue was 79.5 million euros, up 60.6% year-on-year; net profit was 12.8 million euros, with EPS of 0.30 euros.

The company announced the launch of a trading capital expansion plan, suspended regular dividends, and obtained a bank loan of €25 million.

CEO Mike Kuehnel said the move is aimed at seizing growth opportunities and creating long-term value for shareholders. The company will continue to focus on improving operational efficiency while implementing its growth and diversification strategy.