Euronext: Q1 adjusted earnings up over 50%
(CercleFinance.com) - Yesterday evening Euronext published Q1 revenues of 395.
7 million euros, up 6% on a proforma basis y-o-y (or +58.8% as reported).
Adjusted EBITDA came in at 252.2 million euros, up 11.4% on a pro-forma basis, thanks to growth in trading and non-trading activities, combined with continued cost discipline and synergies from the acquisition of the Borsa Italiana group.
Adjusted earnings reached 164.4 million euros, up 50.3% on a reported basis, with EPS of 1.54 euro, up 7.3% on a reported basis.
In particular, the stockmarket operator said that its strong cash generation capabilities have enabled it to significantly reduce its debt following the acquisition of the Borsa Italiana Group.
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7 million euros, up 6% on a proforma basis y-o-y (or +58.8% as reported).
Adjusted EBITDA came in at 252.2 million euros, up 11.4% on a pro-forma basis, thanks to growth in trading and non-trading activities, combined with continued cost discipline and synergies from the acquisition of the Borsa Italiana group.
Adjusted earnings reached 164.4 million euros, up 50.3% on a reported basis, with EPS of 1.54 euro, up 7.3% on a reported basis.
In particular, the stockmarket operator said that its strong cash generation capabilities have enabled it to significantly reduce its debt following the acquisition of the Borsa Italiana Group.
Copyright (c) 2022 CercleFinance.com. All rights reserved.