Sucden Financial, a leading international derivatives and FX broker today announced its financial results. The audited accounts for the year ending 31 December 2017, record growing revenues and profits as the company continues to expand its services.
- Net profit of £10.9 million, against £8.4 million in 2016
- Net revenues of £48.7 million, against £46.5 million in 2016
- Total net assets of £101.6 million, against £90 million in 2016
“Our latest financial figures reflect the stability and strength of our business”, commented Michael Overlander, Chief Executive Officer. He continued; “Revenues and profits are showing a healthy increase as the benefits of substantial investments in both established and new business areas begin to be realised. The firm holds a strong position for further growth, not only in our traditional commodity space but also in foreign exchange, bonds and equities, where we continue to diversify the company’s activities.”