Solid owner ISE reports ” indicators for the consolidation of euronext in Dublin

  • Solid owner ISE reports ” indicators for the consolidation of euronext in Dublin
    Independent.t. E.
    The Paris stock exchange euronext, which took over earlier this year on the Irish stock exchange, reported a 14.6 PC increase in revenues to €157.3 m in the three months to June 30.
    https://www.independent.ie/business/irish/ise-owner-reports-solid-performance-driven-by-consolidation-of-euronext-dublin-37180770.html
    https://www.independent.ie/business/irish/article37180771.ece/736e4/AUTOCROP/h342/1Malin

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The Paris stock exchange euronext, which took over earlier this year on the Irish stock exchange, reported a 14.6 PC increase in revenues to €157.3 m in the three months to June 30.

The performance was driven by the consolidation of euronext in Dublin and a constant focus on costs, the company reported second-quarter results today.

Headquartered in Dublin, has invested €8.7 m revenue of the group for three months.

Profit before interest, tax, depreciation and amortization across the group amounted to 88.6 m for the three months for 12 more pieces compared to the same period last year.

  • Read more: Somers steps down as the CEO of the stock exchange

However, the profit margin of the group at 56.3 PC, dropping for the second quarter of 2017.

The group’s expenses increased due to recent acquisitions, including euronext in Dublin and FastMatch, and costs, however, the main business of Euronext costs.

“The second quarter showed the first installment of Exchange Dublin, that diversifies our profile, LTD, strengthens our directory of franchises and positions the Exchange as the world’s leading platform for listing for debt,” stéphane Boujnah, managing Director and Chairman of euronext, said.

“Our team is now working on the integration, which is carried out in accordance with the plan.”

In June of this year, Deirdre Somers has resigned from the post of Executive Director of the Irish stock exchange shall be replaced by insider Daryl Byrne, the biggest change for the group since it was purchased on the exchange in the beginning of this year in a deal worth €137m.

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