In December, sino executed 111,594 orders. A year earlier it was 32,517. In November 2020 the value was 125,587 orders. This means that orders have fallen by around 11 percent compared to the previous year, but increased by more than 240 percent compared to the previous year.
The order turnover in December was 151.2 billion euros. That is an increase of 38.2 percent compared to December 2019. At the end of the year, sino had 332 depot customers.
Ingo Hillen, CEO of sino, comments: “The core business of sino is going very well.” He is also happy about what is happening at Trade Republic: “The development of the Trade Republic has been excellent, especially in the last few months. The market launch in France should be a further step in the European expansion of Trade Republic. We are really delighted about the extraordinary success of the Trade Republic, in which sino had a majority stake in spring 2017 and which Karsten Müller and I have been closely involved in, especially in the first three years. “
Live stream on December 14, 2020 from 6 p.m .:
With Hans-Werner Sinn, Former President of the Ifo Institute: Corona and the miraculous increase in money in Europe
– Here is the stream! –