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EURONEXT Contacts Media Amsterdam Dublin Milan Paris +31 20 721 4133 +353 1 617 4249 +39 02 72 42 62 12 +33 1 70 48 24 45 Brussels Lisbon Oslo Euronext publishes Q2 2021 results Q2 2021 strong performance resulting from organic growth driven by record listing and post - trade activity , and from the Borsa Italiana Group acquisition +32 2 620 15 50 +351 210 600 614 +47 22 34 19 15 Amsterdam , Brussels , Dublin , Lisbon , Milan , Oslo and Paris 29 July 2021 Euronext , the leading pan - European market infrastructure , today publishes its results for the second quarter of 2021 , driven by robust organic growth thanks to a strong performance in listing and post - trade businesses and the first consolidation with Borsa Italiana Group results since its acquisition on 29 April 2021 . Revenue and income at € 328.8 million ( + € 118.0 million , + 56.0 % and + 3.5 % like - for - like¹ ) : Borsa Italiana Group contributed € 89.6 million to revenue for 2 months and 2 days . Post - trade revenue grew to € 83.4 million ( + 130.9 % ) , due to the strong performance of the two Nordic CSDs , Euronext VPS in Norway and VP Securities in Denmark , and to the consolidation of the Italian CSD , Monte Titoli , and of the clearing activities of the Italian CCP , CC & G . Net treasury income generated by CC & G was € 9.6 million . Trading revenue grew to € 112.8 million ( + 26.1 % ) , primarily driven by the consolidation of Borsa Italiana capital markets and robust yield . Fixed income trading revenue increased to € 17.3 million , driven by double - digit growth in MTS cash trading activities . Listing revenue grew to € 48.2 million ( + 33.6 % ) , resulting from record listing activity for equities with 62 new listings , and for ETFs , together with the continued growth of Euronext Corporate Services , and the consolidation of the Borsa Italiana Group . Advanced Data Services revenue grew to € 46.5 million ( + 29.7 % ) due to resilience of core activities and the consolidation of the Borsa Italiana Group . Non - volume related revenue accounted for 56 % of Q2 2021 total revenue ( vs. 49 % in Q2 2020 ) and covered 137 % of operating expenses , excluding D & A ( vs. 122 % in Q2 2020 ) . Revenue Operational expenses excluding D & A EBITDA EBITDA margin EBITDA at € 192.9 million ( + € 67.5 million , + 53.8 % ) , EBITDA margin at 58.7 % ( -0.8pts ) despite integration costs ; EBITDA margin like - for - like at 59.2 % : Net income , share of the Group EPS ( non - diluted , reported , in € ) Operating expenses , excluding D & A , grew to € 135.9 million ( + 59.3 % ) as a result of the consolidation of costs from acquired businesses , for € 41.2 million , and costs related to the integration of the Borsa Italiana Group , as previously announced . VP Securities run - rate cash cost synergies amounted to € 7.6 million at end June 2021 , representing 109 % of targeted cost synergies . EPS ( diluted , reported , in € ) EPS ( non - diluted , adjusted , in € ) ■ Reported net income , share of the Group , at € 86.6 million ( + 5.6 % ) : Exceptional items were € 26.0 million and net financing expenses were € 13.0 million , primarily related to the Borsa Italiana Group transaction . Income tax rate was 29.6 % , impacted by non - deductible exceptional items . ■ Adjusted EPS² at € 1.43 ( + 26.8 % ) ³ . Key figures - in € m , unless stated otherwise PRESS RELEASE EURONEXT Q2 2021 Contact Investor Relations +33 1 70 48 24 27 328.8 -135.9 192.9 58.7 % 86.6 0.88 0.88 1.43 Q2 2020 210.7 -85.3 125.4 59.5 % 82.1 1.08 1.08 1.13 % change + 56.0 % + 59.3 % + 53.8 % -0.8 pts + 5.6 % -18.2 % -18.3 % + 26.8 % 2 Definition in appendix 3 Weighted average number of shares at 85,094,834 for H1 2021 , H1 2020 outstanding shares adjusted for the rights issue to 76,121,437 shares Unless specified otherwise , percentages refer to Q2 2021 data compared to Q2 2020 data % change ( like - for - like , ¹ Like for like revenue at constant currencies exclude in Q2 2020 and Q2 2021 VP Securities , the Borsa Italiana Group , 3Sens , Ticker , OMS and Centevo as well as related integration costs constant currencies ) + 3.5 % + 5.3 % + 2.4 % -0.7 pts | 1 of 21