Euroclear has this week posted its results for the year ending December 31 2019.

It identifies the following as financial highlights.

Revenues up 8 percent, compared to FY 2018, to EUR 1435 million.

Business Income rose 6 percent to EUR 1,145 million due to delivery of strategic initiatives and benefit of positive market conditions.

Banking and other income increased by 13 percent to EUR 290 million, boosted by higher US interest rates in the first half 2019.

Operating costs were stable at EUR 820 million, as ongoing investment in customer proposition, modernizing technology and regulatory-driven initiatives were offset by tight control of costs.

Business income operating margin was up four percentage points to 28.4 percent.

EBITDA of EUR 709 million increased by 19 percent, delivering an EBITDA margin of 49 percent.

Net profit was up 34 percent to EUR 431 million, resulting in earnings per share of EUR 136.9 compared to EUR 102.3 in 2018.

The board indicates a full-year dividend per share of EUR 82.4, up 50 percent compared to 2018.

Euroclear also lists a number of key operating metrics, as follows.

Record 239 million netted transactions settled in the Euroclear group which is equivalent to EUR 837 trillion by value or approximately 10x global economic output.

The average value of securities held on behalf of Euroclear clients continued to grow, up 5 percent in 2019, to EUR 30.1 trillion compared to EUR 28.8 trillion in 2018. At year end, Euroclear held EUR 31.4 trillion of assets under custody.

Euroclear's Collateral Highway mobilized a yearly average of EUR 1.3 trillion, up 6 percent.

Euroclear's FundsPlace continues to attract both asset managers and ETF issuers with fund assets under custody rising to EUR 2.4 trillion. The number of fund orders routed by Euroclear increased 3 percent to 11.2 million.

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Euroclear has this week posted its results for the year ending December 31 2019.

It identifies the following as financial highlights.

Revenues up 8 percent, compared to FY 2018, to EUR 1435 million.

Business Income rose 6 percent to EUR 1,145 million due to delivery of strategic initiatives and benefit of positive market conditions.

Banking and other income increased by 13 percent to EUR 290 million, boosted by higher US interest rates in the first half 2019.

Operating costs were stable at EUR 820 million, as ongoing investment in customer proposition, modernizing technology and regulatory-driven initiatives were offset by tight control of costs.

Business income operating margin was up four percentage points to 28.4 percent.

EBITDA of EUR 709 million increased by 19 percent, delivering an EBITDA margin of 49 percent.

Net profit was up 34 percent to EUR 431 million, resulting in earnings per share of EUR 136.9 compared to EUR 102.3 in 2018.

The board indicates a full-year dividend per share of EUR 82.4, up 50 percent compared to 2018.

Euroclear also lists a number of key operating metrics, as follows.

Record 239 million netted transactions settled in the Euroclear group which is equivalent to EUR 837 trillion by value or approximately 10x global economic output.

The average value of securities held on behalf of Euroclear clients continued to grow, up 5 percent in 2019, to EUR 30.1 trillion compared to EUR 28.8 trillion in 2018. At year end, Euroclear held EUR 31.4 trillion of assets under custody.

Euroclear's Collateral Highway mobilized a yearly average of EUR 1.3 trillion, up 6 percent.

Euroclear's FundsPlace continues to attract both asset managers and ETF issuers with fund assets under custody rising to EUR 2.4 trillion. The number of fund orders routed by Euroclear increased 3 percent to 11.2 million.