Euronext Nv · EURONEXT:ENX
Euronext Nv — Shareholder Meeting (May 2024)
15 slides from Euronext Nv's shareholder meeting presentation, May 15, 2024
Slide 1: Euronext N.V. 2024 Annual General Meeting
Euronext N.V. 2024 Annual General Meeting 15 May 2024
Slide 2: Presentation of the Chief Executive Officer
Euronext N.V. 2024 Annual General Meeting Presentation of the Chief Executive Officer 15 May 2024
Slide 3: Euronext 10 years journey
Euronext 10 years journey 1
Slide 4: Euronext is the leading diversified pan-European market infrastructure
Euronext is the leading diversified pan-European market infrastructure #1 equity listing #1 cash trading Oslo Børs Fish Pool venue in Europe venue in Europe Euronext Securities Oslo Nord Pool c.1,900 listed companies 25% of shares traded in the European region in 2023 Euronext Amsterdam €7.1 trillio
Slide 5: Euronext's transformation journey over the past 10 years
Euronext’s transformation journey over the past 10 years Acquisition of the Borsa Italiana Acquisition of Group, inc. MTS, CC&G Oslo Børs VPS Acquisition Euronext Clearing and Migration of Migration of Acquisition Oslo Børs of 66% of Monte Titoli Italian cash Italian derivatives of FastMatch Euronex
Slide 6: Euronext has significantly scaled-up over the past 10 years
Euronext has significantly scaled-up over the past 10 years CHANGE OF SCALE JUNE 2014 TODAY Market capitalisation €1.4 billion x6.7 €9.4 billion1) FINANCIAL Revenue €458 million x3.3 €1.5 billion2) PROFILE EBITDA margin 42.0% +17.7pts 59.7%2) Non-volume related revenue 44% +16pts 60%2) GEOGRAPHICAL
Slide 7: A unique track record of integration and operational leverage
A unique track record of integration and operational leverage Initial targets Achievements As % of initial targets Timing 2014/2016 €60 million €85 million 140% 1 year in advance efficiency programme 2016/2018 €22 million €24 million 110% 1 year in advance efficiency programme Euronext Dublin €6 mil
Slide 8: Superior value creation for shareholders
Superior value creation for shareholders Euronext SBF 120 Deutsche Börse LSEG Stoxx 600 Financial Services 100 € +433% +393% x5 increase in share 80 € price since IPO 60 € +243% c.€1.3bn returned through +177% dividend since IPO1) 40 € €200m +75% 20 € returned through a share repurchase programme 0€
Slide 9: 2023 highlights
2023 highlights 2
Slide 10: Strong growth of Group revenue and income driven by non-volume related businesses
Strong growth of Group revenue and income driven by non-volume related businesses FY 2023 revenue and income Technology € 109.9 m Solutions +9.8% Technology Solutions Listing & 8% Corporate Services Advanced Advanced Data 15% Data Services €224.8m Services +6.0% 15% Investor €1,475m Post €370.2m Cas
Slide 11: Strong full-year results demonstrating benefits of Euronext's diversified business model
Strong full-year results demonstrating benefits of Euronext’s diversified business model combined with continued cost discipline €1,474.7m €864.7m €5.51 Revenue and income Adjusted EBITDA, up +0.4% Adjusted2) EPS, +5.9% +0.5% compared to underlying revenue and income +3.9% compared to reported reven
Slide 12: Borsa Italiana Group integration
Borsa Italiana Group integration 3
Slide 13: From €79 million today to €115 million
Last step to complete the Borsa Italiana integration Successfully achieved milestones Last milestone March 2023 September 2023 November 2023 ✓ Migration of ✓ Phase 2 of BITA ✓ Euronext Clearing Borsa Italiana Optiq® migration and expansion to all cash markets to termination of third- Euronext market
Slide 14: On the path to build the only fully integrated trading value chain across Europe
On the path to build the only fully integrated trading value chain across Europe LISTING TRADING POST-TRADE F R O M Q4 2 0 2 3 Expansion #1 European trading Leading fixed income to all Euronext markets #1 listing venue platform trading platform Major platforms for FX, Core Data Centre #2 derivatives
Slide 15: Euronext N.V. 2024 Annual General Meeting
Euronext N.V. 2024 Annual General Meeting 15 May 2024