Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 100,081.73 -132.52

Quarterly Statement Q1/2020 - Deutsche Börse Group With Strong Start To Year In An Extraordinary Environment

Date 29/04/2020

Quarterly results at a glance

  • Net revenue for the first quarter of 2020 increased significantly, up 27 per cent to €914.8 million, thanks to markedly higher market volatility.
  • Adjusted operating costs of €291.1 million reflected a 17 per cent increase, due to consolidation and investments.
  • Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) thus rose by 30 per cent, to €619.8 million; net profit for the period attributable to Deutsche Börse AG shareholders amounted to €387.4 million.
  • Basic earnings per share stood at €2.11, equivalent to a 33 per cent (based on an average number of 183.4 million shares).
  • Despite the strong start to the year, the Group’s guidance for 2020 remains unchanged (adjusted consolidated net profit for the period of around €1.2 billion), mainly reflecting expected declines in some business areas during the further course of the year, like the net interest income at Clear- stream.
  • Deutsche Börse AG’s Annual General Meeting will take place on 19 May 2020, as planned. Against the background of the persistent global COVID-19 pandemic, having carefully considered all relevant aspects, the company has decided to hold a virtual Annual General Meeting. The Executive Board and the Supervisory Board propose to distribute a dividend of €2.90 per share, an increase of approximately 7 per cent compared to the previous year.

Click here for full details.