Euronext announced strong revenue growth for Q2 15, above company-compiled consensus (+12% vs Q2 14 and +2% vs consensus). Revenue growth is taking place across all businesses (except for settlement). Cost reductions are going on and the 2016 year-end objectives will probably be reached by the end of H1 16. H1 15 EBITDA is therefore already at 53% (management's guidance was for this margin by the end of 2016...).
30 Jul 2015
Strong revenue growth, cost reductions going on...what else?
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Strong revenue growth, cost reductions going on...what else?
Euronext NV (ENX:WBO) | 0 0 1.2% | Mkt Cap: 3,756m
- Published:
30 Jul 2015 -
Author:
Farhad Moshiri -
Pages:
2
Euronext announced strong revenue growth for Q2 15, above company-compiled consensus (+12% vs Q2 14 and +2% vs consensus). Revenue growth is taking place across all businesses (except for settlement). Cost reductions are going on and the 2016 year-end objectives will probably be reached by the end of H1 16. H1 15 EBITDA is therefore already at 53% (management's guidance was for this margin by the end of 2016...).