Home Trading Euronext revenue rises 9% in 2022 to €1.48 billion

Euronext revenue rises 9% in 2022 to €1.48 billion

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Post-trade revenue increased 13.7% last year to €364.5 million. In 2022, Custody and Settlement revenue came in at €243.1 million and Clearing revenue stood at €121.4 million.

The company’s EBITA for 2022 was €861.6million, registering a 11.7% increase with margin increase slightly below last year’s to 58.7%.

Euronext saw net income of €437.8 million during last year, up 5.9% compared to 2021. The adjusted earnings per share were down 4.8% to €5.21 due to higher share count.

Stéphane Boujnah, Euronext’s CEO and Chair, commented:

In 2022, Euronext reached record revenue and income above €1.4 billion notably resulting from the strong performance of our non-volume related activities, together with efficient management of revenue capture and of cash trading market share. Our trademark cost discipline helped us beat our revised costs guidance for 2022. We achieved an adjusted EBITDA of €861.6 million that translated into an adjusted EPS of €5.21. We will propose a total dividend of €236.6 million at our next annual general meeting to be held in May 2023, representing 50% of our reported net income, excluding NTI loss impact.

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