Pan-European stock exchange operator Euronext NV on Feb. 14 reported fourth-quarter unaudited consolidated profit of €49.6 million for 2018, down from €105.1 million in the same period a year ago.
Reported EPS amounted to 71 cents, compared to €1.51 a year ago, while EBITDA improved to €86.9 million, from €78.7 million a year earlier.
The company reported revenues of €157.3 million, up from €139.7 million in the fourth quarter of 2017. Listing revenue increased to €29.5 million in the quarter, while trading revenue totaled €69.8 million, up from the year-ago €63.1 million .
Operating expenses excluding depreciation and amortization amounted to €70.4 million in the quarter, up from €61.0 million a year earlier, mainly due to the consolidation of Euronext Dublin. Depreciation and amortization costs totaled €6.1 million, down from €6.3 million over the same period.
The company booked €5.5 million in exceptional items, compared to the year-ago €600,000.
Euronext reported full-year unaudited consolidated profit of €216 million for 2018, down from €241.3 million in 2017.
The exchange company also proposed a dividend of €1.54 per share for 2018, representing a total payment of €108 million out of the group's net income over the same period.