PR92689

BRUSSELS, Oct. 29, 2021 /PRNewswire=KYODO JBN/ --

Financial highlights

    -- Q3 YTD 2021 operating income up 9% year-on-year to EUR 1156 million as

       strong Business Income growth offset lower Banking and Other Income

       -- Business Income rose 14% to EUR 1089 million

       -- Banking and Other Income trajectory remains stable since Q2 2020,

          albeit Q3 YTD is 36% lower year-on-year at  EUR 67 million

    -- Operating costs increased by 6% to EUR 676 million, including

       exceptional  costs related to the MFEX acquisition

    -- Net profit increased by 11% to EUR 347 million

    -- EPS increased 11% to EUR 110.3 per share

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Key Operating Metrics remain strong

    -- Assets under custody reached  EUR 36.1 trillion an increase of 15%

       year on year

    -- Record number of netted transactions settled in the Euroclear group of

       220 million, an increase of  7%

    -- Euroclear's Collateral Highway mobilised a record EUR 1.8 trillion

Continued progress of Strategic Plans

Acquisition of MFEX group

    -- MFEX acquisition completed, with integration progressing well

    -- Brigitte Daurelle appointed as CEO of MFEX to deliver commercial

       opportunities from combination of the complementary service offerings  

Strengthening, Growing and Reshaping Euroclear's Network

    -- Income drivers remain strong across asset classes leading to business

       income growth of 14%, driven by business gains, increased volumes,

       record issuance in fixed income securities and increased equity

       valuations

    -- Fund assets under custody up 19% to EUR 2.9 trillion, before the

       inclusion of MFEX business

    -- Continued investment in systems and infrastructure to enhance business

       resilience and customer proposition

    -- Growth business lines continue to perform strongly. Collateral

       Management business income increased 19% year-on-year, while

       Euroclear's global and emerging markets network, Global Reach

       increased business income by 21%

    -- Euroclear Bank and Saudi Arabia's Securities Depository Center Company

       (Edaa) have agreed to launch a fully Euroclearable link to enable

       international investors direct access to this local government bond

       market for the first time

    -- Development of shareholder identification services providing

       transparent in-depth insights to enhance corporate governance,

       including the recent introduction of  Euroclear Sweden's Vantage

       solution and continued rollout of InvestorInsight in ESES

    -- Investing in digital and data services that support post trade

       efficiency including the launch of SettlementDrive, a new service

       offering analysis into the level of settlement fails observed on

       individual instruments processed within the Euroclear group

    -- Supporting projects to explore central bank digital currencies, such

       as the successful completion of a pilot with Banque de France and a

       consortium of actors to test the use of central bank digital currency

       across a wide range of core securities settlement operations for a

       French Government bond

    -- Continue to develop our group ESG strategy exploring how to support

       clients' green finance ambitions, supported by the recent launch with

       PwC of a whitepaper identifying key opportunities in scaling

       sustainable finance

Commenting on the results, Lieve Mostrey, Chief Executive Officer said:

"I am pleased to announce that we have continued to deliver robust business

performance throughout 2021, and the acquisition of MFEX allows for further

commercial opportunities. We continue to invest in our client proposition as we

seek to foster safety and sustainability in global capital markets."

About Euroclear

Euroclear group is the financial industry's trusted provider of post trade

services. Euroclear provides settlement and custody of domestic and

cross-border securities  for bonds, equities and derivatives to investment

funds. Euroclear is a proven, resilient capital market infrastructure committed

to delivering risk-mitigation, automation and efficiency at scale for its

global client franchise.

The Euroclear group comprises Euroclear Bank, the International CSD, as well as

Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland,

Euroclear Sweden and Euroclear   UK & International. The Euroclear group

settled the equivalent of EUR 897 trillion in securities transactions in 2020,

representing 276 million domestic and cross-border  transactions, and held EUR

32.8 trillion in assets for clients by end 2020. For more information about

Euroclear, please visit www.euroclear.com

SOURCE  Euroclear