Earnings release
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1876 ATHEX Athens Stock Exchange Press Release 24 May 2021 - 1st Quarter 2021 financial results € 1.95m net after tax profits In the 1st quarter of 2021 , the consolidated net after tax earnings of the Group amounted to € 1.95 million compared to € 1.56m in the 1st quarter of 2020 , increased by 25.0 % . Turnover in the 1st quarter of 2021 for the Athens Exchange Group was € 8.36m compared to € 8.17m in the corresponding period last year , increased by 2.3 % . 52 % of the turnover of the Group is from fees on trading , clearing and settlement of trades on the Athens Exchange , 19 % concerns revenue based on the capitalization of the market , while 28 % comes from services provided by the Group to participants in the Greek capital market and other entities in Greece and abroad that are licensed market operators . It is noted that in the 1st quarter of 2021 the Average Daily Value of Transactions was € 74.9 million , reduced by 11.7 % compared to the 1st quarter of 2020 ( € 84.8m ) , and the average capitalization of the Greek capital market dropped 2.0 % compared to the average capitalization of the 1st quarter of 2020 ( € 53.8 billion vs. € 54.9bn ) . The Athens Stock Exchange General Index was up 54.9 % at the end of the 1st quarter of 2021 compared to the end of the corresponding period last year . Total operating expenses including ancillary services in the 1st quarter of 2021 were € 4.68m compared to € 4.74m in the corresponding period last year , reduced by 1.3 % . As a result of the above , the Earnings before Interest , Taxes , Depreciation and Amortization ( EBITDA ) in the 1st quarter of 2021 were € 3.35m , increased by 9.8 % compared to € 3.05m in the corresponding period in 2020 . The consolidated Earnings Before Interest and Taxes ( EBIT ) in the 1st quarter of 2021 amounted to € 2.28m vs. € 1.99m in the 1st quarter of 2020 , increased by 14.6 % . Based on the guideline for the Alternative Performance Measures ( APMS ) published by the European Securities and Markets Authority ( ESMA ) , the adjusted earnings per share were € 0.032 compared to € 0.026 in the corresponding period last year . The financial statements of the Group and the Company are posted on the Company's website ( www.athexgroup.gr ) . 110 Athinon Ave , 10442 Athens Greece , tel +30 210 3366800 | GEMI 3719101000