Euronext, a potential counter bidder for the London Stock Exchange, has reported strong growth last year and formally confirmed that its merger talks with Deutsche Börse had stalled but could be rekindled.

In an update to the market ahead of its results due next month, the exchange said that revenues rose 9% to €961.9m ($1.15bn), listing fees climbed 45% to €63m, custody and settlement fees jumped almost a fifth to €39.3m and cash trading grew 14% to €215.7m.