Euronext NV reported that its net profit jumped by 50.8% to a record 361.8 million euros in 2006.

Revenues rose 14.6% for the year, whereas costs were up just 7.7%. Euronext revenues reached an all-time record of 1.102 million euros. The increase is mainly explained by the ongoing positive market conditions for nearly every business unit, it said.

Operating expenses grew by 7.7% during the period mainly due to the advisory costs linked to the corporate deals, which totaled 47.6 million euros since the beginning of the year.

As a result, the profit from operations (EBITA) reached 409.0 million euros, an increase of 28.4% compared to the previous record level in 2005 and the EBITA margin stood at 37.1%, a substantial improvement compared to 33.1% in 2005. Excluding the added advisory costs, EBITA and EBITA margin would have amounted to 456.6 million euros and 41.4%, respectively.

During the period, the profit before tax amounted to 489.6 million euros, up 37.0% year-on-year and the net profit jumped by 50.8% (compared to its restated level in 2005) from 240 million euros to 361.8 million euros.