GL Trade reports that in 2005 its turnover increased EUR179.2m, or 19.4 percent from 2004. The company said that Asia-Pacific growth strongly contributed to the overall results. The banking risk business area also performed well, with nearly EUR15m in non-recurring turnover.
The Board of Directors will ask the annual general meeting of shareholders on May 30, 2006 to approve the payment of a EUR1.40 dividend per share, an increase of 40 percent on 2004. This dividend will be paid on June 20, 2006, a news release said.
The company said it expects stabilization in intermediation of market consolidation to be noticed throughout 2005 and confirmed in 2006. The company said it can count on its investment in enhancing its range of solutions to boost business levels within the current scope of consolidation.