Report
Julian Dobrovolschi

Euronext : Revenue in-line; profits a slight miss due to bullish expectations of costs

>Non-volume business developing well to 58% of group - ENX came out with a fine set of Q1 2023 results last evening. Revenue for the quarter was € 372.3m, which is in-line with consensus expectations, and down 5.9% YoY due to a tough comp base. There are no surprises in any of the revenue line items, with except of NTI which came 36% ahead of consensus. The company had a strong quarter in terms of non-volume business, with this portion of revenue reflecting 58% of gro...
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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