Euronext reported its financial results for Q2 2025, confirming a Euronext Record Q2 Performance with strong growth across key segments. FX trading revenue rose by 18.9% to €9.3 million, driven by record trading volumes in April 2025, which outweighed the negative impact of a weaker USD. Overall, revenue and income climbed 12.8% to €465.8 million, setting a new all-time quarterly record for the Pan-European capital market infrastructure.
Meanwhile, Euronext kept its costs aligned with its annual forecast. Underlying operating expenses, excluding depreciation and amortization, totaled €168.4 million, reflecting a 7.9% increase. Moreover, this rise resulted from enhanced investment in growth initiatives and recent acquisitions, partially offset by stringent cost discipline.
Euronext Reports Record Q2 2025 Financial Performance
Notably, the €670 million expense guidance excludes Admincontrol, which Euronext acquired on 13 May 2025. Adjusted EBITDA jumped 15.8% to €297.3 million, with the EBITDA margin improving by 1.6 percentage points to 63.8%. Adjusted net income reached €204.4 million, up 23.8%, while adjusted earnings per share soared 27.0% to €2.02. Reported net income stood at €183.8 million, a 29.7% increase, and reported EPS reached €1.81, marking a 32.1% year-over-year rise. Furthermore, the company maintained its financial stability, ending June 2025 with a net debt to adjusted EBITDA ratio of 1.8x, well within its target range. This figure reflects the acquisition of Admincontrol and the May dividend payment.
CEO Stéphane Boujnah emphasized the firm’s consistent trajectory, stating, “In the second quarter of 2025, Euronext achieved record revenue and income of €465.8 million, driven by organic growth and acquisitions.” He added, “This is the fifth consecutive quarter of double-digit topline growth.” Highlighting the company’s strategic direction, he remarked, “Euronext is well positioned to become the clearing house of choice for European repo.”
As part of its broader European expansion, Euronext recently acquired Admincontrol and plans to migrate Nasdaq Nordic’s power futures to Euronext Clearing by Q1 2026. Boujnah noted, “The contemplated acquisition of ATHEX would expand our integrated model across Europe to deliver the Savings and Investments Union,” reinforcing the firm’s commitment to strengthening capital markets across the continent.
Also, check out Stock Brokers Reviews for the latest enhancements and take your trading to the next level!