Euronext Sees 14% Increase in Revenue in Q2 2022

Euronext, the largest stock exchange in Europe has released its results for the second quarter 2022, showing an 14% increase in revenue and income.

Euronext's revenue and income reached €374.7 million, up 14.0% compared with €328.8 million in Q2 2021. Among them, the contribution of the Borsa Italiana Group to revenue was €129.2 million.

Trading revenue grew to €129.2 million. Cash trading revenue was €75.3 million and fixed income trading revenue was €24.9 million.

Post-trade revenue rose to €93.9 million, clearing revenue increased to €31.4 million, and custody and Settlement revenue reached €62.5 million.

Adjusted EBITDA rose by 12.3% to €221.7 million from Q2 2021's €197.4 million. However, the adjusted EBITDA margin fell slightly to 59.2% from 60.0% on a YoY basis.

Adjusted Net income, share of the parent company shareholders increased by 6.4% YoY to €143.2 million. Adjusted EPS fell 6.1% to €1.34 from 2Q21's €1.43.

Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext, said: "This second quarter of 2022 was marked by the continuation of the volatile environment seen since the first quarter of the year. Euronext's business model again demonstrated its resilience, and generated solid growth in revenue, adjusted EBITDA and adjusted net income."