Rothschild & Co: 9m revenues up 62%
(CercleFinance.com) - Q3 2021 revenues are up 65% at 666.
7 million euros.
Over 9 months, they rose by 62% to 2,016.6 million euros.
For the Financial Consulting business, revenues came in at 464 million euros in Q3, up 77% (Q3 2020: 262 million euros). 9m revenues reached 1,297 million euros, up 64%.
Private Banking and Asset Management revenues were 151 million euro in Q3, up 29% (Q3 2020: 117 million euro), meaning 425 million euro over the first nine months, up 15% (9 months 2020: 369 million euros).
The company expects current business levels of the Financial Consulting business to continue through to the end of 2021, with Q4 revenues expected to be particularly strong, which gives it a very positive outlook for this business in 2021.
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