Euronext NV
ENX: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€13.00 | Yjyyrsn | Mmwmxmrh |
Euronext Earnings: Decent Results as Lower Operating Expenses Stand Out
Narrow-moat Euronext reported adjusted EBITDA of EUR 146.5 million, up 7% on a like-for-like basis as the exchange group saw good traction in nontrading-related segments. We maintain our EUR 88 per-share fair value estimate.