Source: Euronext
Euronext NV reports today its results for the first quarter of 2007. The business environment has been particularly favourable this quarter, with the highest level of activity ever, on both Euronext's cash and derivatives markets.
As a result, Euronext NV revenues amounted to €310.1m this quarter, representing an increase of 15.6% compared to the first quarter of 2006. For the first quarter, operating income reached €144.6m, representing a record operating margin of 46.6%, despite corporate deals costs (€7.2m during the quarter) that led to a 4.5% increase in the costs base (amounting to €165.5m compared to €158.4m last year).
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