Deutsche Boerse AG

DB1

Equity

ISIN DE0005810055 / Valor 1177233

Xetra (2025-01-10)

EUR 225.50-1.40%

Deutsche Boerse AG
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About company

Deutsche Boerse AG is a global exchange organization that operates worldwide, offering a wide range of financial products and services. As one of the leading exchange organizations in the world, Deutsche Boerse AG facilitates trading in various asset classes, including stocks, bonds, derivatives, and commodities. The company provides a platform for investors to buy and sell securities, as well as offering clearing and settlement services. With a strong presence in the financial markets, Deutsche Boerse AG plays a crucial role in facilitating efficient and transparent trading for market participants.

Summarized from source with an LLMView SourceSector: Finance

Revenue Growth

In the third quarter of 2024, Deutsche Börse AG reported a significant increase in net revenue, which rose by 18% to €1,403.9 million compared to €1,188.3 million in Q3/2023. This growth was driven by strong performance across all segments, with a notable contribution from the acquisition of SimCorp, which accounted for 9% of the net revenue growth. The organic growth also matched this figure at 9%, highlighting the company's robust operational performance.

Profit and Earnings

Deutsche Börse AG's net profit attributable to shareholders for Q3/2024 was €444.9 million, up from €400.3 million in the same period the previous year. Earnings per share increased by 12% to €2.42, with Cash EPS (earnings per share before purchase price allocations) reaching €2.61, reflecting the company's strong profitability and efficient cost management.

EBITDA Performance

The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a 17% increase, reaching €801.8 million in Q3/2024, compared to €684.8 million in Q3/2023. This growth was largely influenced by the SimCorp acquisition, which contributed significantly to the operating cost increase, alongside organic growth and strategic investments in growth projects.

Strategic Outlook

Deutsche Börse AG has raised its guidance for the full year 2024, now expecting net revenue of around €5.8 billion and EBITDA in the range of €3.3 to 3.4 billion. The company is on track with its Horizon 2026 strategy, with strong secular growth in its business units and successful integration of SimCorp, positioning it well to achieve its financial targets for 2026.

Risk Management and Legal Proceedings

Deutsche Börse AG continues to focus on comprehensive risk management, as detailed in its Annual Report 2023. The company is also involved in ongoing legal proceedings, including a dismissed lawsuit related to MBB Clean Energy AG bonds and an investigation by the European Commission regarding potential violations in the financial derivatives sector. Deutsche Börse AG is cooperating with authorities to address these issues.

Summarized from source with an LLMView Source

Key figures

21.0%1Y

53.6%3Y

56.4%5Y

Performance

15.2%1Y

19.0%3Y

23.0%5Y

Volatility