Report
Julian Dobrovolschi

Euronext : CMD feedback – underpromise, overdeliver, repeat

>Conclusion - ENX aims to accelerate organic revenue growth to >5% CAGR from 2023 to 2027, while maintaining high profitability and enhancing innovation and integration. Management is confident in surpassing the lower bound of its targets, and the company will continue to underpromise and over-deliver. ENX will remain razor focused on capital creation and shareholder returns. The new capital allocation policy has been improved by adding another layer of flexibility (i...
Underlying
Euronext NV

Euronext is a cross-border exchange. Co. operates combined regulated markets across Belgium, France, the Netherlands, Portugal and the United Kingdom (derivatives only). Co. offers a range of integrated services including the listing of financial instruments, trading in securities and derivatives, clearing, netting and settlement, market data dissemination and IT solutions and support. Co.'s customers include listed companies, members, institutional and individual investors who trade on Co. markets, other organizations, notably exchanges that use its technologies and services, and users of the financial and information generated by market activity.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Julian Dobrovolschi

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