(Belga) The pan-European stock exchange operator Euronext recorded in 2021 the “best year” in its history, eight months after the takeover of the Italian Stock Exchange which contributed greatly to its turnover in the last quarter, he said. announced Thursday.
The group, which manages the Paris, Amsterdam, Brussels, Lisbon, Dublin, Oslo and Milan stock exchanges, published an annual net profit of 413.3 million euros (+ 31%) for a turnover of 1.298 billion. euros, up 46.9% year-on-year (and 3.3% like-for-like), in line with analysts’ expectations. The integration into the scope of the group of Borsa Italiana, whose acquisition was finalized in April, contributed 337.7 million to 2021 revenue, via its MTS bond trading platform as well as its activity clearing and settlement, underlines the pan-European stock exchange operator in a press release. Euronext, which also took full advantage of the dynamism of IPOs (112 listings) last year, recorded its “best year” in its history, rejoiced Stéphane Boujnah, the group’s boss. Now more than half of the turnover (55%, compared to 50% in 2020) comes from so-called post-trade activities, i.e. those that do not depend on transaction volumes, such as data market, post-trade activities, services to issuers and investors. Euronext, which exceeded its cost control objectives last year, is targeting non-recurring costs for 2022 identical to those of the annualized fourth quarter, or around 622 million euros. It is aiming for growth of 3 to 4% per year on average in its turnover by 2024. (Belga)