Copenhagen based Retail FX and CFDs broker Saxo Bank ended a somewhat tumultuous 2024 by reporting continued improvement in its financial results during the second half of the year.
After reversing a decline in both top and bottom line results during the first half of 2024, Saxo Bank saw a slight 1% increase in Revenues (what the company calls Total Income) to DKK 2,352 million (USD $336 million) in the second half of 2024.
On the bottom line, Net Profit at Saxo Bank came in at DKK 541 million (USD $77 million) in 2H-2024, its best six-month period profit result since last decade.
