Euroclear continues to outperform, despite volatile financial markets, as it accelerates business strategy and investments
Euroclear continues to outperform, despite volatile financial markets, as it accelerates business strategy and investments
Euroclear today provides an update on its performance to the end of the third quarter 2022.
FINANCIAL SUMMARY
Euroclear continued to deliver a strong financial performance to the end of the third quarter 2022, with the underlying business performing well and benefitting from its diversified, resilient business model.
The group also reported higher interest earnings due to rising interest rates on cash balances as well as increased cash balances from frozen assets due to Russian sanctions.
At the end of the third quarter, 2022 net profit increased 95% to EUR 667 million, of which EUR 426 million resulted from the strong underlying business performance.
Contact:
Craig MacDonald,
craig.macdonald@euroclear.com,
+44 207 849 0315
OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender