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Mr Dominic Stevens, ASX Managing Director and CEO, said: “ASX has built on its strong first half results with a solid performance forthe full 2017 financial year. Activity and revenue levels were higher across most major areas of the business, and our strategic initiatives – both new and existing – progressed well over the period. A combination of macro-economic drivers and ASX’s own investments provide the company with growth opportunities for the future.
“Total Group revenue grew by 2.4% to $764.1 million, an increase of $17.8 million, and profit after tax rose 1.9% or $7.9 million to $434.1 million -the fifth consecutive year of profit growth. The result was underpinned by growth in cash market and derivatives trading activity, due in part to ongoing global uncertainty and pockets of volatility. The daily average cash on-market value was $4.3 billion and the daily average number of futures contracts traded was more than 556,300. Revenue from listings was flat year-on-year. Despite the total amount of capital raised being lower, down 28.8%, there were significantly more new listings in FY17, rising from 124 to 152, the most in six years, including many foreign and technology company listings."
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| ASX Ltd Full-Year Results Analyst Presentation |
