Euronext Nv · EURONEXT:ENX
Euronext Nv — Shareholder Meeting (May 2017)
10 slides from Euronext Nv's shareholder meeting presentation, May 19, 2017
Slide 1: Annual General Meeting Euronext N.V.
ANNUAL GENERAL MEETING EURONEXT N.V. 19 May 2017, Amsterdam
Slide 2: Euronext: The leading pan-European exchange in the Eurozone
EURONEXT The leading pan-European exchange in the Eurozone 2000 2002 2007 2013 03/2014 05/2016 MERGER OF ACQUISITION OF LIFFE MERGER WITH ACQUISITION BY ICE CARVE-OUT LAUNCH OF AMSTERDAM, ACQUISITION OF BVLP NYSE GROUP CREATION OF “AGILITY FOR GROWTH” BRUSSELS & PARIS “NEW EURONEXT” EXCHANGES « Old
Slide 3: The leading pan-European exchange in the Eurozone
THE LEADING PAN-EUROPEAN EXCHANGE IN THE EUROZONE Largest listing franchise in LISTING continental Europe with Over 5,500 corporate, Strong presence within the Euro Stoxx 50, financial and government listing 25 out of 50 companies, worth 50% of its 1,300 issuers worth listed securities total market
Slide 4: Key highlights of FY 2016
KEY HIGHLIGHTS OF FY 2016 Record level of profitability in spite of low volume environment EBITDA DPS1) MARGIN Achievement of 70% of gross cost reduction €1.42 plan target 57.2% +14.5% Headcount at year-end lower than expected due to faster-than-expected relocation of IT operations from Belfas
Slide 5: Overview of 2019 financial targets
OVERVIEW OF 2019 FINANCIAL TARGETS 20151) 20161) 2019 Ambitions1) Drivers +2% CAGR 2015-19E Volume impact Core €466.6m €447.6m +€39m business Yield pressure +4% CAGR 2016-19E Revenue Selected Adding value to issuers growth €0.8m +€70m initiatives Adding value to investors +5% CAGR 2015-19E Total €46
Slide 6: Key corporate developments since January 2017
KEY CORPORATE DEVELOPMENTS SINCE 1 JANUARY 2017 3-Jan-17: Announcement of irrevocable cash offer to acquire LCH.Clearnet SA (€510m), conditional to the success of the DBAG / LSEG merger 15-Feb-17: Announcement of the acquisition of 51% majority stake in Company Webcast (€3.6m investment) 15-Feb-17:
Slide 7: Financial highlights of Q1 2017
FINANCIAL HIGHLIGHTS OF Q1 2017 Stable revenue in spite of lower trading volumes EBITDA Increase in operating expenses excl. D&A driven MARGIN by IT project & business initiatives 55.7% Increase in headcount as of 31 March 2017 vs. end of 2016, as expected, notably due to the consolidation of
Slide 8: Share price performance
SHARE PRICE PERFORMANCE Euronext N.V. share price performance since IPO Euronext N.V. vs. peers and indexes since IPO ENX LSE DBAG BME SBF120 INDEX 55 1 55 50 50 +139% 45 In € per share, rebased on Euronext N.V. at IPO 45 40 40 +94% 35 In € per share Q1 2017 35 +71% earnings 30 Q1 2016 30 earnings Q
Slide 9: 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 EXTENDED and Chairman of the Managing Board MANAGING BOARD Jos Dijsselhof Lee Hodgkinson Giorgio Modica Chief Operating Officer CEO of Euronex
Slide 10: Disclaimer
DISCLAIMER This presentation is for information purposes only and is not a recommendation to engage in investment activities. The information and materials contained in this presentation are provided ‘as is’ and Euronext does not warrant as to the accuracy, adequacy or completeness of the informatio