Report
Julian Dobrovolschi

Euronext : Headline figures ahead of estimates, with strong beat to net profits of 11.2%

>Headline figures strong, however the quality of the beat to net profits is questionable - ENX reported Q4 2023 revenue of € 374.1m (7.8% YoY), which is slightly ahead of consensus estimates and in-line with our figure. Trading revenue beat estimates by 1.8%, whereby the soft activity from cash and derivatives markets was well offset with record revenue in then fixed income (38.5% YoY) and power markets (16.9% YoY). The non-volume business was broadly in-line, with ma...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch