Bolsas y Mercados Espaoles (BME) has reported a net profit of € 92.15 million in September, up 22.9 percent from the same period last year. During the third quarter, its profit posted € 30.17 million, up 23.1 percent from the same period last year.
“The net profit posted in the first nine months of 2006 is very positive, close to that posted throughout 2005 and exceeded by far the figure posted in previous years,” says Antonio Zoido, chairman of BME. “BME, which has been listed on the stock exchange since 14 July, continues achieving its financial goals and strengthening its structure to confront any future challenges.”
BME’s revenues at the end of the third quarter increased 16.6 percent to € 204.08 million, whilst operating costs increased 6 percent. In September, EBITDA was € 135.13 million, a 23 percent increase from 2005.
The third quarters earnings per share grew to € 0.36 from last years € 0.29. Return on Equity was 25.4 percent in the third quarter, up from 16.8 percent last year. And BME’s efficiency ratio moved from 37.2 percent in September 2005 to 33.8 percent this year. “The improvement of the results in the first nine months of the year confirms the greater dynamism of the Group and its improved management, which will help to build on its developments and the current activity on its markets to consolidate our competitive position and pave the way for future growth,” says Javier Hernani, CFO of BME.