Euronext: solid Q3 results and new strategic plan

(CercleFinance.com) - Euronext reports adjusted EPS up 26.
1% to E1.74 for Q3 2024, and adjusted EBITDA up 15.1% to E245.8m, representing a 2.7-point margin improvement to 62%, on revenues that rose 10% to E396.3m.

The stock exchange group explained that it had achieved a solid performance over the past quarter, thanks to a diversified business model, the successful expansion of Euronext Clearing and ongoing cost discipline.

Having achieved the 'Growth for Impact 2024' objectives a quarter ahead of schedule, Euronext announces its 'Innovate for Growth 2027' strategic plan, which aims to accelerate revenue growth through innovation and diversification.

Finally, in line with this new capital allocation policy, on November 11 the Group will launch a share buyback program - with a view to cancellation - of up to E300m over a maximum 12-month period.


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