Deutsche Börse AG closed the first quarter of 2001 with record results. The company announced on Wednesday that profit before tax rose 57.1 percent, to 98.8 million euros, compared with the first quarter of 2000. Sales at Deutsche Börse increased 4.6 percent during the first three months of the year, to 191.7 million euros. If the revised accounting methods for settlement notes in trading on the floor are taken into account, the increase in sales would be about 16 percent.
CFO Mathias Hlubek said in Frankfurt: “The first quarter figures are evidence of Deutsche Börse’s successful business model and underscore the advantages of diversifying the Group.” The company more than compensates for the decline in turnover on the cash market with positive effects in the other divisions, Hlubek said.
Deutsche Börse will submit its interim report for the first quarter on May 15.
