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Euronext's Profit Almost Triples, Helped by Gains
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Euronext's Profit Almost Triples, Helped by Gains
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Newspaper Article
Euronext's Profit Almost Triples, Helped by Gains
2003
Overview
The 2002 bottom line was boosted by one-time gains of 71 million euros, primarily from the sale of assets. Last year, Euronext sold shares in clearinghouse Clearnet and Dutch settlement activities to Euroclear, the world's largest settlement system for cross-border trades. It also sold a 25% stake in index provider Stoxx. In 2002, revenue growth and tight price controls pushed Euronext's Ebit to 237.8 million euros, compared with a pro forma 111.16 million euros a year earlier, Euronext said.
Publisher
Dow Jones & Company Inc
