Euroclear reports results for the year ending 31 December 2018  

    Euroclear will hold a presentation for investors today, March 11, with a 
video streaming service available on www.euroclear.com 
[http://www.euroclear.com].

         (Logo: https://mma.prnewswire.com/media/832898/Euroclear_Logo.jpg)

    Financial Highlights
    
    - Operating income increased 9%, compared to FY 2017, to EUR 1335 million
    - Business Income rose 4% to EUR 1079 million as our open architecture
      model and strategic initiatives captured the benefit of positive market
      conditions
    - Banking and Other Income increased by 39% to EUR 256 million, boosted by
      higher US interest rates
    - Operating costs were broadly stable at EUR 814 million as continued 
      investment in our customer proposition and regulatory-driven initiatives 
      were offset by tight control of costs
    - Net profit was up 36% to EUR 322 million
    - EPS was up 21% to EUR 102.3 per share, compared to EUR 84.6 per share in 
      2017
    - Board indicates an interim dividend of EUR 55 per share. Dividend 
      expected to be paid in fourth quarter 2019 as a consequence of 
      successful corporate reorganisation

    Key Operating Metrics
    
    - Record number of netted transactions settled in the Euroclear group 
      equivalent to EUR 791 trillion by value, an increase of 8% compared to 
      2017, and approximately 10x Global GDP
    - The average value of securities held on behalf of Euroclear clients 
      continued to grow in 2018 to EUR 28.8 trillion compared to EUR 28.4 
      trillion in 2017
    - Euroclear's Collateral Highway mobilised a yearly average of EUR 1.2
      trillion, up 7%
    - Number of fund orders routed by Euroclear increased 4% to 10.9 million 
      in 2018

    Strategic Update 

    Remain focused on delivering our three strategic objectives to enhance our 
customer proposition: strengthening our network, growing our network and 
reshaping our network.

Highlights from 2018:
    
    - Launch of Single CSD access to the ECB's T2S platform, providing an 
      efficient gateway to Eurozone liquidity for international investors  
    - Continuing to invest in core systems, enhance cyber resilience and meet 
      the requirements of incoming regulations, including CSDR
    - Client feedback on collateral management solutions remains positive and
      Euroclear was awarded top honours in the Global Custodian Tri-Party 
      Securities Financing survey
    - Strong pipeline of emerging markets who are attracted to 
      become 'Euroclearable' to facilitate international investment
    - Exploring new opportunities to provide data services that support 
      clients in optimising collateral and liquidity

    Corporate Evolutions
    
    - Successfully completed the relocation of the ultimate holding company to
      Belgium, following almost unanimous approval from our shareholders. This
      guarantees that the Company's legal seat is located inside the European
      Union 
    - Shareholders also approved amendments to the articles of association, 
      meaning the Company now has a single class of ordinary shares
    - The Board recognises the need to provide a long-term liquidity solution 
      available to all shareholders and is reviewing options to ensure this is
      completed in an orderly manner

    Commenting on the results, Lieve Mostrey, Chief Executive Officer said: 
"Euroclear has had an excellent year, with key business metrics reaching record 
levels, demonstrating the attractiveness of our proposition and focused 
strategy. Looking forward, we will continue to invest in our customer offer and 
focus on delivering our strategic objectives for the benefit of all our 
stakeholders."

    Note to editors  

    Euroclear group is the financial industry's trusted provider of post trade 
services. At the core, the group provides settlement, safe-keeping and 
servicing 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 includes Euroclear Bank - which is rated AA+ by Fitch 
Ratings and AA by Standard & Poor's - as well as Euroclear Belgium, Euroclear 
Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear 
UK & Ireland. The Euroclear group settled the equivalent of EUR 791 trillion in 
securities transactions in 2018, representing 230 million domestic and 
cross-border transactions and held an average of EUR 28.8 trillion in assets 
for clients.

    For more information about Euroclear, please visit: www.euroclear.com
[http://www.euroclear.com].

SOURCE: Euroclear