The Athens Exchange Group's turnover for the first nine months of 2024 amounted to €39.8 million, compared to €34.4 million for the first nine months of 2023, an increase of 15.7%.

KEY FIGURES

• 61.4% of the group's turnover is derived from royalties from trading activity and post-trading services (mainly clearing and settlement of trades) on the Athens Exchange, and 19.2% is derived from new listings and services to listed companies, information services, etc. Finally, 19.4% comes from technology services, including digital services, infrastructure, and technology solutions in other regulated markets in Greece and abroad, as well as other ancillary services.
• Total costs amounted to €19.7 million compared to €18.6 million in the same period last year, mainly due to a 7.5% increase in staff remuneration (€11.5 million in the first nine months of 2024 compared to €10.7 million in the first nine months of 2023)

• As a result of the above, earnings before interest, taxes, financing, investment income, depreciation, and amortization (EBITDA) for the nine months of 2024 amounted to €18.4 million compared to €14.3 million in the same period last year, an increase of 28.7%.
• Consolidated earnings before interest, taxes, financing, and investment income (EBIt) for the nine months of 2024 amounted to €15.3 million, compared to €11.5 million for the nine months of 2023, an increase of 33.0%.
• Consolidated profit after tax increased by 37.5% to €13.2 million, compared to €9.6 million in the first nine months of 2023.

CEO Yiannos Kontopoulos said: "The results for the first nine months of 2024 highlight the dynamic growth of the Athens Exchange Group, with turnover increasing by 15.7%, EBITDA up 28.7%, and net profit recording a remarkable 37.5% increase. In addition, our recent inclusion in a watchlist for upgrades in developed markets by S&P Dow Jones and FTSE Russell is a milestone that recognizes our concerted efforts to strengthen Athens Exchange's position in the Greek and international investment community. At the same time, it creates significant prospects for further progress, enhancing investor confidence. We continue to promote the extroversion of Greek businesses, attracting investments that contribute to building a modern, competitive capital market, with the ultimate goal of creating value for our shareholders."