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SIX, dueño de BME, registra pérdidas en 2025 por su participación en Worldline

El grupo suizo SIX, propietario de Bolsas y Mercados Españoles, registró pérdidas de 313,7 millones de francos suizos (343 millones de euros) en 2025, frente al beneficio de 38,7 millones en 2024, debido al impacto extraordinario de su participación en Worldline. En términos ajustados, el grupo elevó su beneficio neto hasta 247,2 millones (unos 270 millones de euros) frente a los 202,2 millones del ejercicio anterior. Leer

Mar 24, 2026 &03422424202631; 06:42 UTC e00-expansion.uecdn.es Trending 4/5

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Neutral impact

Sentiment score: -15/100

Moderate impact Short-term (days)

WHAT THIS MEANS

SIX Group (owner of BME) reported a 313.7 million CHF loss in 2025 versus a 38.7 million CHF profit in 2024, driven by an extraordinary impairment on its Worldline stake. On an adjusted basis, net profit increased to 247.2 million CHF from 202.2 million CHF, indicating underlying operational improvement masked by the one-time charge.

AI CONFIDENCE

72% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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FTSE MIB (Italy)

FTSEMIB.MIIndex

High volatility expected

BME (Spanish exchange) is a key component; SIX's Worldline impairment signals potential broader fintech/payment sector weakness, but adjusted earnings growth is positive

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IT→.MI

IT→.MIStock

Expected to decline

SIX owns BME; the large impairment charge and Worldline exposure may pressure investor sentiment on exchange operators and payment infrastructure

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Euro Stoxx 50

^STOXX50EIndex

High volatility expected

SIX is a European financial infrastructure player; Worldline impairment reflects broader fintech/digital payment sector challenges

PRICE HISTORY

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⚡ SUGGESTED ACTION

The headline loss is misleading—adjusted earnings growth is solid. However, the massive Worldline impairment signals SIX's fintech bets are underperforming. Monitor BME/Italian exchange stocks for near-term volatility, but the adjusted profit growth suggests the worst may be priced in. Avoid panic selling on headline loss.

KEY SIGNALS

One-time impairment charge of ~313.7M CHF on Worldline stake masks operational improvementAdjusted net profit grew 22% YoY, indicating core business resilienceWorldline exposure represents significant valuation risk for SIX shareholdersMarket may have already priced in Worldline weakness; adjusted earnings beat suggests stabilization

SECTORS INVOLVED

Financial ServicesExchange OperatorsPayment SystemsFintech

Analysis generated on Mar 24, 2026 at 07:12 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Expansion. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

SIX, dueño de BME, registra pérdidas en 2025 por su participación en Worldline

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