LuxSE reports stable revenues and 20% profit growth for FY19 and unveils its first Sustainability Report
The Luxembourg Stock Exchange Group today announced its results for the financial year 2019. The group, which consists of the Luxembourg Stock Exchange (LuxSE) and its wholly owned subsidiary Fundsquare, reported consolidated revenues of EUR 48.5 million for the financial year ending on 31 December 2019. This represents a revenue growth of 1% compared to the year before. The group also reported a net profit of EUR 13.5 million for the financial year 2019, up 20% from 2018, partly driven by non-operational results.
In parallel, the Luxembourg Stock Exchange published its first Sustainability Report
, which outlines the company’s comprehensive, SDG-linked CSR strategy and a number of activities with a positive social and environmental impact organised by the company in 2019.
Small but nimble
While the exchange only counts around 125 employees, and around 200 on group level, the Luxembourg Stock Exchange has played a central role in the development of the Luxembourg financial centre in its 90-year history. Over the last four decades, the company has constantly increased its international focus, to become the world’s leading listing venue for international debt securities. In 2019 alone, 10,400 new securities were listed on the exchange, representing EUR 1.2 trillion. At the end of 2019, the exchange had in excess of 36,000 securities admitted to listing and trading on its markets.