On 22 July, SIX posted its financial results for the first half of 2022. During the reported period, the operator witnessed a jump of almost 12.1% in its net profit as the number touched CHF 121.3 million.
Earnings before interest and tax (EBIT) reached CHF 161.4 million, which is up 4.9% compared to the same period last year. Despite challenging market conditions, operating income came in at CHF 751.7 million, which is up 0.8% YoY.
During the first half of 2022, SIX accelerated its efforts for the integration of BME. Additionally, the company introduced the CONNEXOR reference data platform in H1 2022. For the reported period, SIX highlighted a jump in investments across its infrastructure.
“Despite turbulent market conditions, we have achieved a solid result in the first half of the year,” said Jos Dijsselhof, the CEO of SIX. “We provide global access to the Swiss and Spanish financial centers, guarantee capital raising, trading and settlement, and ensure the supply of data to the financial markets and payment transactions. In economically and geopolitically challenging times, it is particularly important that our customers and all market participants can always rely on us.”
For June 2022, SIX reported a trading turnover of CHF 97.8 billion. The total number of trades came in at 4,919,123.
Services
In a recent press release, Dijsselho outlined the importance of investing in new businesses and services for the future growth of SIX.
“We are continuing to drive forward our growth in order to systematically develop new business potential and continuously invest in new and improved services, as well as in our infrastructure and security. This enables us to ensure that we continue to drive change in response to changing needs in our markets and can continue to offer our customers excellent service at all times in the future,” the CEO of SIX added.
Last month, the operator announced a partnership with Urgentem.
