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Deutsche Börse Achieves New Highs In EBIT - EBIT Increases By About 44 Percent Year On Year, To 126.1 Million Euros/ Sales Climb 71 Percent To 350.5 Million Euros

Date 07/05/2003

Deutsche Börse AG is continuing on its growth course: The company shows 126.1 million euros in EBIT for the first quarter, its highest level to date. Year on year, EBIT rose by some 44 percent, sales increased by about 71 percent to 350.5 million euros. The EBITA, which is important, especially for American investors, as a comparative measure of the earnings before interest, taxes and goodwill amortization, came to 142.1 million euros, which corresponds to approximately 61 percent growth against the same quarter of last year.

With sales of 131.5 million euros, the Clearstream segment contributed 25.1 million euros to the EBIT. Eurex sales revenue, at 104.4 million euros, was 42 percent higher than the year before (Q1/2002: 73.7 million euros). EBIT also rose again, to 62.9 million euros, which is roughly 76 percent higher than the Q1/2002 figure (35.8 million euros). Xetra, with sales of 45.9 million euros, about 17 percent lower than the previous year's first-quarter figure, achieved EBIT of 4.4 million euros (Q1/2002: 11.1 million euros). The Information Services and Information Technology segments were nearly even in sales with 33.5 million euros and 35.2 million euros, respectively; in EBIT, Information Services grew 65 percent to 12.9 million euros, and Information Technology 79 percent, to 24.4 million euros.