(Reuters) – Euronext said on Wednesday that it had recorded a record turnover in the first quarter, notably with “the exceptional market volatility”, while mentioning an adjusted ebitda better than expected.
These solid results, said in a statement the director general of Euronext, Stéphane Boujnah, demonstrate the group’s ability to work in favor of “a more solid, more innovative and more competitive capital market”.
The company’s turnover increased by 14.1% to 458.5 million euros in the first quarter, thus exceeding forecasts at 448.3 million euros.
The disturbances caused by customs duties imposed by US President Donald Trump led to turbulence in the global financial markets and benefited the stock market operator.
The benefit before interest, taxes and depreciation (EBITDA) adjusted from the group was established at 294.1 million euros in the first quarter of the year 2025, an increase of 17% over one year.
This figure is greater than 284 million euros expected on average by analysts in a consensus compiled by the company.
(Written by Mara Vîlcu, with Alessandro Parodi, edited by Kate Entringer)
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