Euronext's earnings release was in line with expectations. With €518.5m revenues and costs of €234.7m, the EBITDA margin is 54.7%, roughly in line with both our expectations and those of the consensus (at 55%). The dividend was slightly above consensus at €1.24 per share (versus €1.21 ps). A new srategic plan is expected during Q2 16 with objectives regarding growth and the cost base, We also expect more clarification on the regulatory side concerning both the Dutch appeal
17 Feb 2016
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Can't wait for the new strategic plan!
Euronext NV (ENX:WBO) | 0 0 1.2% | Mkt Cap: 3,756m
- Published:
17 Feb 2016 -
Author:
Farhad Moshiri -
Pages:
2
Euronext's earnings release was in line with expectations. With €518.5m revenues and costs of €234.7m, the EBITDA margin is 54.7%, roughly in line with both our expectations and those of the consensus (at 55%). The dividend was slightly above consensus at €1.24 per share (versus €1.21 ps). A new srategic plan is expected during Q2 16 with objectives regarding growth and the cost base, We also expect more clarification on the regulatory side concerning both the Dutch appeal