Euronext Nv Unsp/Adr (ERNXY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Euronext second quarter 2026 results conference call. On today's call, we have Stéphane Boujnah, CEO and Chairman of the Managing Board, and Giorgio Modica, CFO. Please note this conference is being recorded and for the duration of the call, your lines will be on listen only. However, you will have the opportunity to ask questions at the end of the call. This can be done by pressing pound key five on your telephone keypad to enter the queue. I will now hand you over to your host, Stéphane Boujnah, to begin today's conference. Please go ahead, sir. Good morning, everybody, and thank you for joining us for Euronext's second quarter 2026 results call. I am Stéphane Boujnah, CEO and chairman of the managing board of Euronext. And I will start with the highlights of this record quarter. Then Giorgio Modica, the Euronext Group CFO, will cover the main business and financial highlights of the second quarter of the year. I'm now on slide four and I will start with the overview of the second quarter 2026 highlights. As we have done for over two years now, Euronext extended the double digit growth trajectory. We delivered double-digit growth across revenue, double-digit growth in EBITDA, double-digit growth in net income, and double-digit growth in EPS. This is our ninth quarter of double-digit growth. The excellent performance translated into record underlying revenue and income of $544.4 million, up almost 17%, up 16.9% year-on-year. This compares to what was already a very strong quarter last year. This growth was driven by all segments and was evidenced by clear operating leverage. Or adjusted EBITDA increased faster than revenue and reached a record level of €360 million, up 21% plus 1% compared to last year, which was already a strong quarter. As...