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39

Annual Report 2014 BME

The Spanish securities markets performed positively in

2014, with record highs in trading, liquidity and financing.

The markets proved that they could attract financing and

have the necessary experience and technology to meet the

growing trading volumes.

The trend that began in the second half of 2013, when

equities started to soar in investors’ portfolio, was

consolidated in 2014. During the year, BME continued

with its business diversification strategy, by taking

advantage of the opportunities from the new market

regulations, and with its cost adjustment efforts.

In 2014, the BME group obtained a net profit of €164.9

million, which is 15.2% higher than in 2013 and the

best result since 2008.

Net profit in 2014

(Millions of euros)

164.9

+ 15.2%

2014

143.1

2013

135.5

2012

155.1

2011

154.2

2010

150.0

2009