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Comment on financial results: Moneta: Quarterly results in line with estimates, outlook confirmed

25/07/2024 11:37

Moneta reported 2Q24 net profit growth of +12.3% y/y to CZK1.4bn on revenues of CZK3.1bn. This is in line with the consensus. On the revenue side, strong sales of third-party investment products surprised. Tight cost control led to lower administrative expenses. Regulatory fees were also lower. As expected, Moneta reiterated its full-year targets.

Autor: Bohumil Trampota
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