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    FTK   DE000FTG1111

FLATEXDEGIRO AG

(FTK)
  Report
Real-time Estimate Tradegate  -  03:59 2022-10-05 pm EDT
9.669 EUR   -2.92%
09/30Afr : flatexDEGIRO AG: Preliminary announcement of the publication of quarterly reports and quarterly/interim statements
EQ
09/29FLATEXDEGIRO : Goldman Sachs maintains a Buy rating
MD
09/20FLATEXDEGIRO : Berenberg remains its Buy rating
MD
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flatex Becomes Exclusive Online Brokerage Partner of the Police Union (“Gewerkschaft der Polizei, GdP”) of North Rhine-Westphalia

07/29/2022 | 09:47am EDT

  • Partnership with the largest state association of the police union has a clear model character also beyond the police force
  • Over 46,000 union members benefit from the special terms of the partnership and the reliability of Europe's multi-award winning “Broker of the Year”

Starting 1 August 2022, flatex, a brand of flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe's leading online broker for retail investors, will support the police union (“Gewerkschaft der Polizei, GdP”) of North Rhine-Westphalia as an exclusive partner in the area of online brokerage. flatex thereby offers more than 46,000 union members the opportunity to take their financial future into their own hands with simple and secure access to the capital market and thus to sustainably build up and maintain wealth, particularly important in times of high inflation.

Frank Niehage, CEO of flatexDEGIRO: "As the European market leader in online stock trading, we are very pleased to be able to support the members of this important professional group via this partnership, also fulfilling our social responsibility to some extent. Shared values such as security, reliability and trust form the strong basis of this partnership. For us, the cooperation with the largest state association of the police union has a clear model character for future partnerships also beyond the police."

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates a leading and fastest growing online brokerage platform in Europe. Based on modern, in-house state-of-the-art technology, customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution on top TIER 1 exchanges. The technological edge as well as the high efficiency and strong economies of scale enable flatexDEGIRO to continuously improve its service offering to customers.

With more than 2 million customer accounts and over 91 million securities transactions processed in 2021, flatexDEGIRO is the largest retail online broker in Europe. In times of bank consolidation, low interest rates and digitalisation, flatexDEGIRO is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to expand its customer base to 7‑8 million customer accounts and process 250-350 million transactions per year - even in years of low volatility.

Further information at https://www.flatexdegiro.com/en

Language:

English

Company:

 

 

flatexDEGIRO AG

Omniturm, Große Gallusstraße 16-18

60312 Frankfurt / Main

Germany

Phone:

+49 (0) 69 450001 0

E-mail:

ir@flatexdegiro.com

Internet:

www.flatexdegiro.com

ISIN:

DE000FTG1111

WKN:

FTG111

Indices:

SDAX

Listed:

Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange

 


© Business Wire 2022
All news about FLATEXDEGIRO AG
09/30Afr : flatexDEGIRO AG: Preliminary announcement of the publication of quarterly reports an..
EQ
09/29FLATEXDEGIRO : Goldman Sachs maintains a Buy rating
MD
09/20FLATEXDEGIRO : Berenberg remains its Buy rating
MD
09/13FLATEXDEGIRO : Gets a Buy rating from Berenberg
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09/07FLATEXDEGIRO : Gets a Buy rating from Jefferies
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09/01FLATEXDEGIRO : Berenberg maintains a Buy rating
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08/31FLATEXDEGIRO : Jefferies reiterates its Buy rating
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08/31FLATEXDEGIRO : Goldman Sachs remains its Buy rating
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08/30FLATEXDEGIRO : Jefferies reiterates its Buy rating
MD
08/29FlatexDEGIRO AG Reports Earnings Results for the Half Year Ended June 30, 2022
CI
More news
Analyst Recommendations on FLATEXDEGIRO AG
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Financials
Sales 2022 407 M 401 M 401 M
Net income 2022 91,1 M 89,8 M 89,8 M
Net cash 2022 888 M 876 M 876 M
P/E ratio 2022 12,2x
Yield 2022 -
Capitalization 1 053 M 1 038 M 1 038 M
EV / Sales 2022 0,41x
EV / Sales 2023 -0,05x
Nbr of Employees 1 162
Free-Float 56,5%
Chart FLATEXDEGIRO AG
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Technical analysis trends FLATEXDEGIRO AG
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 9,96 €
Average target price 18,63 €
Spread / Average Target 87,1%
EPS Revisions
Managers and Directors
Frank Niehage Chairman-Management Board
Muhamad Said Chahrour Chief Financial Officer
Martin Korbmacher Chairman-Supervisory Board
Stephan Simmang Chief Technology Officer
Steffen Jentsch Chief Information Officer
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