Euronext Full year 2006 results
Euronext 14-03-2007
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%.
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