The Johannesburg Stock Exchange (JSE) has announced its strong performance in the first half of 2022.
This according to them is driven by revenue growth across all segments and disciplined cost management.
Earnings before interest tax depreciation and amortisation (EBITDA) increased by 20% to R627 million, with the EBITDA margin improving from 42% to 45% in the corresponding period in 2021.
Headline earnings per share (HEPS) increased by 29% year-on-year (YoY) to 542.7 cents per share.
The JSE’s core business model, underpinned by quality earnings and strong cash generation, continues to provide a solid foundation for growth.
Strategically and operationally, the JSE executed well on its priorities in H1 2022. Highlights include the introduction of the Transition Segment and Sustainability-Linked Bonds, as well the publication of its Sustainability and Climate Disclosure Guidance.
It launched JSE Private Placements (JPP), an automated and digitised platform which offers services to private entities looking to raise debt or equity.
The online solution connects private companies and issuers directly to investors, enabling private capital formation in a more transparent, efficient, and accessible manner.
The Johannesburg Stock Exchange (JSE) has a well-established history operating as a marketplace for trading financial products.It is a pioneering, globally connected exchange group that enables inclusive economic growth through trusted, world class, socially responsible products, and services for the investor of the future.
It offers secure and efficient primary and secondary capital markets across a diverse range of securities, spanning equities, derivatives, and debt markets.
It prides itself as being the market of choice for local and international investors looking to gain exposure to leading capital markets on the African continent. The JSE is currently ranked in the Top 20 largest stock exchanges in the world by market capitalisation, and is the largest stock exchange in Africa, having been in operation for 134 years. As a leading global exchange, the JSE co-creates, unlocks value & makes real connections happen.