Euronext : Solid Q2 driven by the non-volume business and strict cost management; launch of a € 200m buy-back program
>All headline numbers beating consensus forecasts - ENX came out with a solid set of Q2 2023 figures, beating consensus forecast on all key line items. The company reported revenue of € 368.1m, 1.7% ahead of consensus and sliding 1.8% YoY due to tougher comparison base in the trading business. Adjusted EBITDA came 5.6% ahead of consensus expectations, leading to 58.7% profitability margins which we find solid against an inflationary environment. IFRS EBITDA did much b...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.