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Lang & Schwarz: Net income jumped 83% in H1 2026, but client order flow changes pose future challenges

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Trading and profitability surged in H1 2026, with net income up 83% year-over-year and strong growth in both TradeCenter and Structured Products. A major client shift is expected to dampen future trading volumes, but results should remain above 2024 levels.

Original document: Lang & Schwarz AG [LUS1] Interim report — Aug. 21 2026

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