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Lang & Schwarz: Record trading and net income growth in 2025, with strong outlook despite regulatory risks

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Record trading volumes and revenues in 2025 drove a 33% rise in trading results and a 119% increase in net income, with strong growth across all segments. Regulatory changes and market volatility remain key risks, but 2026 guidance anticipates continued high performance.

Original document: Lang & Schwarz AG [LUS1] Annual Report — May. 15 2026

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