Euronext: Q1 exceeds expectations
(CercleFinance.com) - Euronext has published Q1 2018 net income that is up 30.
6% at 57.3 million euros, or 0.82 euro per share.
Adjusted EPS increased by 28.1% to 0.85 euro, six cents above the consensus.
The group saw its EBITDA rise by 25.1% to 88.2 million euros, meaning a 4.4-point rise in its corresponding margin to 60.1%, on revenues that are up 15.9% to 146.7 million euros. The contribution from its diversification initiatives increased.
Recent months have been marked by sequentially lower volumes, with levels of volatility that are now fading, while all IPO projects are expanding, CEO Stéphane Boujnah pointed out.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
6% at 57.3 million euros, or 0.82 euro per share.
Adjusted EPS increased by 28.1% to 0.85 euro, six cents above the consensus.
The group saw its EBITDA rise by 25.1% to 88.2 million euros, meaning a 4.4-point rise in its corresponding margin to 60.1%, on revenues that are up 15.9% to 146.7 million euros. The contribution from its diversification initiatives increased.
Recent months have been marked by sequentially lower volumes, with levels of volatility that are now fading, while all IPO projects are expanding, CEO Stéphane Boujnah pointed out.
Copyright (c) 2018 CercleFinance.com. All rights reserved.