Euronext 2006 net profit jumped by 50.8% to €361.8m

Alleen voor leden beschikbaar, wordt daarom gratis lid!

Algemeen advies 13/03/2007 09:21
. Revenues: €1,102.2m up 14.6%
• Costs: up 7.7%, including corporate deals costs (€47.6m)
• EBITA: €409.0m up 28.4%, margin of 37.1%
• Net Profit: €361.8m up 50.8%
• Increase of the diluted EPS by 49.4%, at €3.23
• The tender offer has been opened from 15 February until 21 March Amsterdam, 13 March 2007 -- Euronext NV announced today its results for the full year 2006. They are the strongest ever. As already reported, the Euronext revenues reached an all-time record of €1,102m, an increase of 14.6% compared to last year. The increase is mainly explained by the ongoing positive market conditions for nearly every business unit. Operating expenses grew by 7.7% during the period mainly due to the advisory costs linked to the corporate deals, which totalled €47.6m since the beginning of the year. As a result, the profit from operations (“EBITA”) reached €409.0m, i.e. an increase of 28.4% compared to the previous record level in 2005 and the EBITA margin stood at 37.1%, a substantial improvement compared to 33.1% in 2005 on a restated basis(1). Excluding above advisory costs, EBITA and EBITA margin would have respectively amounted to €456.6m and 41.4%. The net financing income remained stable year on year at €11.5m despite €445m paid in dividend and repayment of capital in the middle of last year. As reported earlier in 2006, a capital gain of €15.5m was booked in relation to the sale of CIK to Euroclear as of 1 January 2006. Finally, the income from associates was multiplied by 2.9 between 2005 and 2006, driven by the performance of LCH.Clearnet (€36.9m) and AEMS (€15.4m). During the period, the profit before tax amounted to €489.6m, up 37.0% year-on-year and the net profit jumped by 50.8% (compared to its restated level in 2005) from €240m to €361.8m. On a per share basis, the diluted earnings stood at €3.23, +49.4% compared to diluted EPS at the end of 2005.

verwachting 2007
Euronext announced on 14th of December 2006 the major upgrade of its trading platform based on new Linux-IBM technology and published on 1st February 2007 its range of services and innovations in response to MiFid implementation, delivering best execution as required by the directive. By constantly improving its technology and its services, Euronext continues to offer its clients a wide range of functionalities combined with unrivalled speed of execution. Based on these initiatives, a strong start to the year 2007, its confidence in maintaining efficient control of its costs and provided there are no unforeseen circumstances, Euronext expects on a standalone basis, a further increase in its revenues and in its operating profit for 2007.



Beperkte weergave !
Leden hebben toegang tot meer informatie! Omdat u nog geen lid bent of niet staat ingelogd, ziet u nu een beperktere pagina. Wordt daarom GRATIS Lid of login met uw wachtwoord


Copyrights © 2000 by XEA.nl all rights reserved
Niets mag zonder toestemming van de redactie worden gekopieerd, linken naar deze pagina is wel toegestaan.


Copyrights © DEBELEGGERSADVISEUR.NL