Euronext Nv Unsp/Adr (ERNXY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Euronext Q1 2025 results call. Please note this conference is being recorded and for the durations of the call, your lines will be on listened only. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing star 1 on your telephone keypad to register your question. If you require assistance at any point, please press star zero and you will be connected to an operator. I will now hand you over to your host, Stéphane Bouchna, CEO and Chairman of the Managing Board, to begin today's conference. Please go ahead, sir. Good morning, everybody, and thank you for joining us this morning for the Euronext First Quarter 2025 Results Conference Call and Webcast. I am Stéphane Bouchna, CEO and Chairman of the Managing Board of Euronext. And I will start with the highlights of this first quarter of the year. And Giorgio Modica, the Euronext CFO, will then develop the main business and financial highlights of the first quarter of 2025. As an introduction, I would like to highlight two key points. First, we continue to deliver double-digit top line growth in Q1 2025. And this is the fourth quarter in a row of double-digit growth of the top line. or Q1 2025 revenue grew by plus 14.1% compared to Q1 2024 to 458.5 million. This remarkable performance reflects strong growth in non-volume related activities. And it also reflects exceptional volatility across trading and clearing activities, especially in cash equity, in fixed income, in Forex, in power electricity and in commodities. Second, we have accomplished very significant steps with the delivery of our 2027 strategic priorities. In the first quarter of 2025, we have announced a series of measures to support the integration and the competitiveness of Europe...