Ad-hoc | 31 July 2007 20:14
Deutsche Börse AG / Quarter Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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In the second quarter of 2007 Deutsche Börse delivered its most successful
quarter ever. In terms of earnings, the company by far outstripped both the
equivalent previous year period and Q1/2007, its most successful quarter to
date. Sales revenue was up by 10 percent on Q2/2006, rising to €542.5
million (Q2/2006: €491.1 million); a further €62.0 million was recorded in
net interest income from banking business.
Costs for the second quarter totaled €311.9 million and included some €25
million in exceptional effects pertaining to: The highest ever
participation rate of more than 50 percent of the Group’s employees in the
'Group Share Plan', project related expenditure such as for the ISE
transaction and implementation of the new organizational structure as of 1
July 2007, as well as software write-offs. In addition, some €18 million
were added to the provisions for the stock option program in the second
quarter.
EBITA increased 10 percent to €321.8 million (Q2/2006: €291.4 million) and
included an extraordinary profit of some 10 million from the disposal of
land. Based on an average of 194.1 million outstanding shares, earnings per
share increased 17 percent in the second quarter to €1.09 (Q2/2006: €0.93
per share based on 200.1 million shares).
With two record quarters in 2007, Deutsche Börse also recorded a new record
half year. In the first six months, sales revenue was up by 14 percent to
€1,085.6 million (H1/2006: €955.8 million), a further €108.1 million was
recorded in net interest income from banking business (H1/2006: €72.1
million), and EBITA climbed 13 percent to €622.1 million (H1/2006: €548.4
million). Earnings per share jumped 19 percent to €2.07 (H1/2006: €1.74).
The record results in the first half of 2007 have been achieved against the
background of strong double digit growth across all business areas and
despite higher than budgeted costs. Costs in the first half of this year
included exceptional items totaling some €43 million and higher than
anticipated provisions for the stock option program in light of a 57
percent increase in the share price of Deutsche Börse AG over the last four
quarters. The company does not regard these exceptional cost items a
permanent addition to the cost base and will focus on strict cost
discipline when setting the budget for 2008.
Contact:
Walter Allwicher
Tel.: +49-69-21 11 15 00
DGAP 31.07.2007
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Language: English
Issuer: Deutsche Börse AG
Neue Börsenstraße 1
60487 Frankfurt am Main
Deutschland
Phone: +49 (0)69 211 - 0
Fax: +49 (0)69 211 - 1 20 0
E-mail: info@deutsche-boerse.com
Internet: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service
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