Consolidated earnings after tax for the Athens Exchange Group (AthexGroup) rose 43.6% in the first half of 2025, totalling 13.5 million euros, against 9.3 million euros in the first half of 2024, it said in the financial results released on Monday.
Turnover was 34.0 million euros, against 26.8 million euros in the first half of 2024, an increase of 26.9%. A total of 67.6% of the turnover of the Group comes from fees on trading and post-trading services (mainly clearing and settlement of trades) on the Athens Stock Exchange; 19.7% concerns listing and other services to listed companies, and data services among others. Finally, 12.7% comes from technology services which include digital services, infrastructure and technology solutions to other organized markets in Greece and abroad, as well as other ancillary services.
The General Index closed at 1,868.02 points at the end of the first half of 2025, a gain of 33.0%, one of the best market performances worldwide. The total market capitalization increased by 22.9 billion euros, reaching 126.7 billion euros, the highest market valuation since 2007. In the first half of 2025, the average daily trading activity significantly strengthened, reaching 197.7 million euros, the highest level since 2009 and the fifth consecutive year of growth. During the first half of 2025, a total of 592 million euros was raised, out of which 369 million euros through rights issues and 223 million euros through 3 new listings (IPOs).
Commenting on the results, AthexGroup CEO Yianos Kontopoulos said, "The first half of 2025 marked a period of strong momentum for our Group and significant growth for the Greek capital market. With five consecutive years of positive performance, our market continues to rank among the top globally for 2025. Our financial results clearly reflect this continuous momentum and the ever-increasing investor confidence. The substantial increase in both revenue and profitability highlights the success of our strategic direction and empowers us to continue investing to enhance our competitiveness and support our growth.
"Our overarching objective remains the elevation of the Athens Stock Exchange to developed market status, while building a resilient foundation for sustainable, long-term growth."