Deutsche Börse Group announces solid start of the year in its Q1 2019 revenues report

Deutsche Börse revenues

Deutsche Börse AG has released its first quarter results for 2019.

Highlights include:

  • Net revenue of €720.8 million, up 4% YoY (Q1/2018: €691.6 million).
  • Deutsche Börse achieved approximately 5% growth of the secular net revenue, in line with its guidance.
  • Adjusted operating costs of €248.6 million
  • Operating costs were adjusted for non-recurring effects totalling approximately €24.6 million
  • Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at €475.5 million, up 9% YoY (Q1/2018: €438.1 million).
  • Adjusted net profit for the period attributable to Deutsche Börse AG shareholders (net profit) thus rose by 8%, to €291.9 million (Q1/2018: €270.7 million).
  • Basic earnings per share, adjusted for non-recurring effects, up 10% and amounted to €1.59 (Q1/2018: €1.45).
Gregor Pottmeyer

Gregor Pottmeyer

Gregor Pottmeyer, CFO of Deutsche Börse AG, commented:

In a weak equity market environment during the first quarter of 2019, Deutsche Börse was able to draw upon strengths such as the planned growth of structural net revenue by 5 per cent and its diversified business model. Hence, earnings growth in the first quarter is in-line with the guidance for the full year.

The complete report can be seen here.

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