Euronext Publishes Second Quarter 2016 Results

  • Most profitable quarter since IPO
  • Resilient revenue: 1.7% increase  compared to Q2 2015, to €132.3 million (Q2 2015: €130.1 million)
  • Substantial reduction in operational expenses excluding depreciation and amortization: -9% compared to Q2 2015, to €54.6 million (Q2 2015: €60 million)
  • Significant increase in EBITDA margin: 58.7% (Q2 2015: 53.9%)
  • Basic EPS of €0.71, up 73% compared to €0.41 in Q2 2015
  • New strategic plan “Agility for growth” translating into a set of new financial targets for the 2015-2019 period released on 13 May
  • Group EBITDA margin excluding clearing operations to reach 61% to 63% in 2019

Amsterdam, Brussels, Lisbon, London and Paris – 28 July 2016 – Today Euronext announced its results for the second quarter and for the first six months of 2016.

Euronext has delivered its most profitable quarter since the IPO despite market uncertainty causing lighter volumes until the outcome of the UK referendum on 23 June 2016. Revenue generated by non-volumes operations (listing, market data, market solutions) have more than offset the decrease in transaction-based businesses. It reinforces our confidence in our capability to deliver the company’s Agility for Growth plan, which is built on the resilience of our core business with ongoing cost discipline and growth in selected initiatives. In spite of the uncertainties for the second half of 2016, we are well positioned to capture opportunities arising from changes in the industry landscape. said Stéphane Boujnah, Chairman and CEO of the Managing Board of Euronext NV.

 

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About Euronext
Euronext is the leading pan-European exchange in the Eurozone, covering Belgium, France, Ireland, The Netherlands, Portugal and the UK. With 1,300 listed issuers worth €3.9 trillion in market capitalisation as of end June 2018, Euronext is an unmatched blue chip franchise that has 24 issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, Euronext also operates Euronext GrowthTM and Euronext AccessTM, simplifying access to listing for SMEs. 
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Disclaimer
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