BME releases results for 2017
01 March 2018 Madrid
Image: Shutterstock
BME’s revenue for the full year reached at €325 million, a 0.6 percent decrease compared to the end of 2016.
Net profit stood at €153.3 million at the end of 2017, a decrease of 4.3 percent year-on-year.
In the Q4 2017, net profit totalled €37 million, a fall of 5.6 percent compared to 2016.
BME’s return on equity saw an increase in values of 34.4 percent and 36.1 percent for 2017, respectively.
In terms of equities, investment flows for the year channelled through the Spanish exchange totalled €40 billion, representing an increase of 39 percent year-on-year.
BME derivatives contracts traded during Q4 2017 fell 8.5 percent compared to the same period year-on-year, caused mainly by the 34.2 percent fall in equity options.
In the equities segment, 25.4 million transactions were processed during Q42017, 3 percent less than in the same period of 2016, with an equity turnover cleared of €314 billion, an increase of 13 percent.
In the total for the year, 102.1 million transactions have been processed, an increase of 45.4 percent compared to 2016.
Operating expenses finished the year at €110 million, an increase of 2.2 percent on the operating costs for 2016.
BME reported that operating costs in Q4 were flat compared to the same quarter year-on-year, totalling €28.5 million.
Javier Hernani, CEO of BME, commented: “The results posted by BME remained stable in 2017 in a complex market and regulatory environment, which proves it is a solid and sustainable model.”
Net profit stood at €153.3 million at the end of 2017, a decrease of 4.3 percent year-on-year.
In the Q4 2017, net profit totalled €37 million, a fall of 5.6 percent compared to 2016.
BME’s return on equity saw an increase in values of 34.4 percent and 36.1 percent for 2017, respectively.
In terms of equities, investment flows for the year channelled through the Spanish exchange totalled €40 billion, representing an increase of 39 percent year-on-year.
BME derivatives contracts traded during Q4 2017 fell 8.5 percent compared to the same period year-on-year, caused mainly by the 34.2 percent fall in equity options.
In the equities segment, 25.4 million transactions were processed during Q42017, 3 percent less than in the same period of 2016, with an equity turnover cleared of €314 billion, an increase of 13 percent.
In the total for the year, 102.1 million transactions have been processed, an increase of 45.4 percent compared to 2016.
Operating expenses finished the year at €110 million, an increase of 2.2 percent on the operating costs for 2016.
BME reported that operating costs in Q4 were flat compared to the same quarter year-on-year, totalling €28.5 million.
Javier Hernani, CEO of BME, commented: “The results posted by BME remained stable in 2017 in a complex market and regulatory environment, which proves it is a solid and sustainable model.”
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