Euronext Nv · EURONEXT:ENX
Euronext Nv — Shareholder Meeting (May 2018)
12 slides from Euronext Nv's shareholder meeting presentation, May 15, 2018
Slide 1: Annual General Meeting Euronext N.V.
ANNUAL GENERAL MEETING EURONEXT N.V. 15 May 2018, Amsterdam
Slide 2: A Strong and Diversified Company: At a Glance
A STRONG AND DIVERSIFIED COMPANY: AT A GLANCE Cash trading 190.3 Client flow origins1) (ADV as of 31/12/2017) €532.3m Cash trading Revenue in 2017 Derivatives 0% 0% trading 40.3 2% 1% 3% Listing 84.2 FX Spot 4% trading 7.2 7% 8% 45% USA Market France Solutions & Market Data 11% & Indices Switzerland
Slide 3: Euronext Generated a Strong Operational Performance in 2017
EURONEXT GENERATED A STRONG OPERATIONAL PERFORMANCE IN 2017 Strong increase in revenue ‒ Improved cash market share at 64.4% +€36m +7.2%1) at ‒ Strong growth in listing revenue revenue ‒ First revenue from Agility For Growth initiatives and FastMatch growth €532.3m ‒ Strong operating performance: EB
Slide 4: Euronext Performed a Deep Transformation in 2017
EURONEXT PERFORMED A DEEP TRANSFORMATION IN 2017… ─ Compliance of systems to MIFID II at date Transformational ─ First milestones of Optiq®: projects ─ Optiq® Market Data Gateway live in March 2017 for cash and in July 2017 for derivatives Securing of ─ Signature of a 10-year clearing agreement with
Slide 5: Through Revenue Diversification and Expansion of the Federal Model
…THROUGH REVENUE DIVERSIFICATION AND EXPANSION OF THE FEDERAL MODEL A Fixed income technology Corporate services Corporate services Corporate services Deployment March 2017 February 2017 July 2017 January 2018 of Agility for • Joint-venture creation • Acquisition of 51% • Acquisition of 60% • Acquis
Slide 6: Euronext Welcomes Dublin to Its Federal Model
EURONEXT WELCOMES DUBLIN1) TO ITS FEDERAL MODEL The Irish Stock Exchange plc joined Euronext’s federal model Combined Group as the largest centre for debt and funds on 27 March 2018 operating under the business name listings in the world, with: Euronext Dublin, with Ireland becoming one of the six
Slide 7: 2019 Financial Targets
2019 FINANCIAL TARGETS 2017 2019 TARGETS Deliver strong operating +2.0% CAGR2015-2019, i.e. 505m€ Core Business €505m performance in Core €464m revenue in 2019 excluding clearing (unchanged) +4.3% CAGR17-19 Business Focus on most value €55m incremental revenue in 2019 (excluding €9.8m rev. €55m
Slide 8: Highlights of Q1 2018
HIGHLIGHTS OF Q1 2018 Strong volume ─ Cash equity ADV up 21.9% to €8.5bn, with market share at 65.3% growth supported ─ Derivatives ADV up 14.8% to 595k lots by market share ─ FX Spot ADV up 14.3% to $20.2bn and volatility MIFID II first ─ Euronext MIFID II compliant from Day 1 takeaways ─ Caps on d
Slide 9: A Strong Q1 2018 to Start the Year
A STRONG Q1 2018 TO START THE YEAR Strong increase ‒ High revenue capture in cash trading with yield at 0.52bps and in Q1 2018 improved cash market share at 65.3% +€20m revenue ‒ Strong performance of Market Data and Indices revenue +15.9% at ‒ FastMatch revenue at €5.2m (consolidated from August 20
Slide 10: Euronext Stock Price Has Increased by 203% Since IPO
EURONEXT STOCK PRICE HAS INCREASED BY 203% SINCE IPO € 65.00 € 60.00 Euronext +203% € 55.00 € 50.00 LSEG +139% € 45.00 € 40.00 DB +101% € 35.00 € 30.00 € 25.00 CAC40 +19% € 20.00 € 15.00 BME -18% € 10.00 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-1
Slide 11: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM SUPERVISORY BOARD 9 seats o/w 3 appointed by Reference Shareholders MANAGING BOARD Stéphane Boujnah Group Chief Executive Officer Giorgio Modica Chief Financial Officer Anthony Attia (Pending appointment)1) Amaury Houdart CEO Euronext Paris, CEO Euronext London, Chief Tal
Slide 12: Annual General Meeting Euronext N.V.
ANNUAL GENERAL MEETING EURONEXT N.V. 15 May 2018, Amsterdam