Product revenues by region

Trading revenue came in at € 13.0 billion due to a steep rise in precious metal prices and expanded hedging transactions. Product revenue also reached last year’s level of € 2.9 billion, thanks to those same steep increases in precious metal prices during the first half of last year.

Group net income was thus € 168.5 million, a decline of € 41.8 million from the previous year, or 19.9 %.