Swiss boutique Leonteq lifts its profit forecast after demand for its products ran hot this summer.
Leonteq has raised this year’s profit outlook to 140-160 million Swiss francs ($151-173) from more than 100 million francs, due to «above average performance» during the summer period, it said in a statement Monday.
The structured products specialist expects solid growth in fee income and a significant rise in trading profit in the second half of 2021 compared to the same period last year, it said.
