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Press office

  • 2016.05.16
    XTB financial results for the 1st quarter of 2016

    In the 1st quarter of 2016 X-Trade Brokers Dom Maklerski S.A. („XTB”) Group generated operating income and net profit of PLN 82.8 million and PLN 31.9 million, respectively, which resulted in EBITDA margin and net profit margin reaching 52.8% and 38.5%, respectively. These very good results were generated mainly due to the increase in the average number of active accounts and high volatility on the markets recorded in January and February 2016.

     

     

    The net profit generated by the Group in the 1st quarter of 2016 was higher than the average quarterly level in 2015 by PLN 2.1 million, i.e. 7.1%. Moreover, it was higher than in the 4th quarter of 2015 and lower than in the 1st quarter of 2015, when the markets experienced more than average volatility arising, among others, from the unpegging of the exchange rate of the Swiss franc against the euro and the ECB initiating a quantitative easing (QE) programme.

     

     

    In the retail operations segment the average number of active accounts increased by more than a thousand, from 15,045 as at the end of 2015 up to 16,052 as at the end of the 1st quarter of 2016. This was, among others, due to introducing new trading instruments to the Group’s portfolio, as well as improving the quality and competitiveness of the services performed.

     

     

    In the institutional operations segment (X Open Hub) the net profit increased by 103.5%, from PLN 3.9 million in the 1st quarter of 2015 up to PLN 8.0 million in the 1st quarter of 2016. The Management Board of XTB believes that the institutional operations segment has a great growth potential and that its share in the Group’s operating income shall increase within the next few years.

  • 2016.05.06
    X-Trade Brokers DM S.A. listed on the Warsaw Stock Exchange

    X-Trade Brokers Dom Maklerski S.A. (“XTB” or the “Company”), an international provider of trading and investment products in the OTC (over-the-counter) market, has joined the group of companies listed on the main market of the Warsaw Stock Exchange.

     

    Today, at 9:00 a.m. XTB representatives hit the stock exchange bell and symbolically started trading shares of the Company on the WSE – 117,383,635 XTB shares in total had been introduced for trading on the main market of the WSE. In the initial public offering 16,433,709 shares were sold and the sale price was set at PLN 11.5 per share, which means the total value of the public offering of around PLN 189 million and the total market capitalization of XTB of around PLN 1.35 billion.

     

    Joining the group of companies listed on the Warsaw Stock Exchange is a major part of our long-term business strategy. From today on our competitive strengths, such as the state-of-the-art technology and the diversified and constantly developing range of products and services, are being joined by yet another virtue much appreciated by our clients: transparency of our business model and financials. We hope that both existing and new shareholders will follow our further growth with interest, enjoying every success increasing the company’s value – said Jakub Maly, President of the Management Board of X-Trade Brokers Dom Maklerski S.A.

  • 2016.04.18
    X-Trade Brokers IPO press conference

  • 2016.04.14
    X-Trade Brokers Dom Maklerski S.A. has published the prospectus

    X-Trade Brokers Dom Maklerski S.A. (“XTB” or the “Company” and together with its subsidiaries the “Group” or the “XTB Group”), an international provider of trading and investment products in the OTC (over-the-counter) market has published the prospectus prepared in relation to the initial public offering of the Company’s shares.

    The initial public offering (the “Offering”) will consist of an offering of up to 16,433,709 existing shares by XXZW Investment Group S.A. (“XXZW”), an entity directly controlled by one of XTB’s founders, representing up to 14% of the share capital and the total number of votes at the General Meeting of the Company. The Offering comprises a public offering to retail and institutional investors in Poland, and a private placement to international institutional investors outside of Poland and of the United States of America who are not, and who are not acting for the account or benefit of, U.S. persons, in reliance on Regulation S (“Regulation S”) under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and to “Qualified Institutional Buyers” in the United States of America pursuant to and subject to the requirements of Rule 144A of the Securities Act (which Qualified Institutional Buyers are also “Qualified Purchasers” as defined in, and pursuant to the rules promulgated under, Section 2(a)(51) of the U.S. Investment Company Act of 1940, as amended). It is contemplated that approximately 10% to 15% of the shares in the Offering will be offered to retail investors in Poland.

    J.P. Morgan Securities plc is the Global Coordinator and Joint Bookrunner, Pekao Investment Banking S.A. is a Joint Bookrunner and the Offering Agent and UniCredit Bank AG, London Branch and IPOPEMA Securities S.A. are Joint Bookrunners. Subscriptions for Retail Investors in: CDM Pekao S.A., DM Pekao S.A., DM mBanku S.A., BZ WBK, BM Alior Banku S.A., DM Banku BPS S.A., DM Banku Ochrony Środowiska S.A., ING Bank Śląski, DI Xelion S.A, Ipopema.