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Posted by
Two Blokes May 23 -
Filed in
Stock
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2 views
Euronext reported a solid set of numbers. Given its lower valuation vs. peers, the company is our preferred pick amongst the EU Exchanges. The company will benefit from the US-to-Europe equity rotation. Additionally, Euronext is progressing well with SaaS acquisitions, which support its evolution of non-volume-related revenues and profits. EUXTF is also moving on in creating new thematic products to enhance IPOs, and facilitate debt financing of EU defence and aerospace companies.
