Hellenic Exchanges S.A. Holding - Helex 9M 2009 Financial Results

Hellenic Exchanges S.A. Holding - Helex 9M 2009 financial results

04/11/09

The consolidated net after tax profits of HELEX for 9M 2009 amounted to euro 27.9m vs. euro 50.2m in 9M 2008, reduced by 44%. The consolidated turnover of the Group dropped by 38%, to euro 53.1m vs. euro 85.4m in 9M 2008.

This reduction is mainly due to the drop in prices in the cash market of the Athens Exchange, as the volume of transactions (number of shares traded) increased by 23% in 9M 2009 compared to the corresponding period last year. The total value of transactions in 9M 2009 amounted to euro 34.4bn vs. euro 64.7bn in 9M 2008, reduced by 47%.

In the derivatives market, in 9M 2009 the volume of transactions (number of contracts) dropped by 6% compared to 9M 2008 (40.2 thousand vs. 42.7 thousand contracts respectively). During the second quarter of 2009, the Group also posted non-recurring revenue of euro 1.8m from the claim on the tax paid on the Capital Market Commission fee in fiscal year 2000.

Total operating expenses before depreciation amounted to euro 17.1m vs. euro 19.9m in the corresponding period last year, reduced by an impressive 14%.

The Group's EBIT in 9M 2009 amounted to euro 33.3m vs. euro 62.5m in the corresponding period last year, a 47% reduction. The net profits per share in 9M 2009 amounted to euro 0.43 vs. euro 0.71 in the nine month period last year, reduced by 39%. HELEX's financial statements are posted on the Company's website (www.helex.gr).