Net revenues were up 8%, attributable in part to increased fees and subscription revenues, to USD 126 m, while revenues for the nine month period were up 5% overall, to USD 430 m.

Romania registered the highest net revenue growth, up 16.6% for the quarter, at USD 40m, and 9% for the first three quarters, at USD 118 m. Slovakia had an 8% increase for the nine month period, at USD 59.5 m, though up only 4% for the third quarter. The Czech Republic had nearly 10% growth in net revenues for Q3, at USD 39 m, hitting nearly 5% for the year to date, at USD 128.6 m. Slovenia, CME’s smallest market, grew 11 % in the third quarter, and 6% for the first nine months of 2016.

Bulgaria and Croatia showed declines. Bulgaria was down 6% for the quarter and down 1.5 % for the nine month period, at USD 50 m. Croatia had a smaller loss, down 1% for the quarter and 0.4% for the nine month period, at USD 38 m.

Michael Del Nin, Co-Chief Executive Officer, said in a statement, "These results are, on a relative basis, arguably the best we have seen all year."

Christoph Mainusch, Co-Chief Executive Officer, added, "Our results today reflect not just an improvement in profitability, but also better engagement with our audiences as the gap between us and our closest commercial competitor widened in five out of six markets during the third quarter.”