Stock Analysis
Euronext (EPA:ENX) Full Year 2023 Results
Key Financial Results
- Revenue: €1.47b (up 3.9% from FY 2022).
- Net income: €513.6m (up 17% from FY 2022).
- Profit margin: 35% (up from 31% in FY 2022). The increase in margin was primarily driven by higher revenue.
- EPS: €4.84 (up from €4.11 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Euronext EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%.
The primary driver behind last 12 months revenue was the Italy segment contributing a total revenue of €474.4m (32% of total revenue). The largest operating expense was General & Administrative costs, amounting to €320.8m (33% of total expenses). Explore how ENX's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Capital Markets industry in France.
Performance of the French Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Euronext that you should be aware of before investing here.
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About ENXTPA:ENX
Euronext
Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Ireland, and Norway.
Excellent balance sheet and good value.