Euronext: Q3 EBITDA up 13.3%.

(CercleFinance.com) - Euronext has reported almost flat Q3 earnings (+0.
6%) at 38.3 million euros, burdened by extraordinary items, with EBITDA up 13.3% at 69.5 million euros, meaning a corresponding margin that is down 0.5 point at 53.9%.

Revenues of the pan-European exchange group rose by 14.1% to 128.7 million euros, particularly thanks to improved trading volumes in a macroeconomic environment that has stabilised, coupled with a high level of IPOs.

Euronext has also highlighted the positive impact of the initiatives of its strategic "Agility for Growth" plan and the acquisition of FastMatch, as well as the signing of a 10-year agreement with LCH SA for clearing services.


Copyright (c) 2017 CercleFinance.com. All rights reserved.