Earnings Release • Apr 28, 2011
Earnings Release
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Ad-hoc | 28 April 2011 12:39
Deutsche Börse AG: Q1/2011 Results, acceleration efficiency measures, cost guidance 2011
Deutsche Börse AG / Key word(s): Quarter Results
28.04.2011 12:39
Dissemination 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.
Deutsche Börse AG published its figures for the first quarter of 2011 on
Thursday. Sales revenue rose by 8 percent year-on-year to EUR558.6 million
due to the positive business development in all segments. At the same time,
the Group again reduced its total costs. At EUR271.3 million, expenses were
down 9 percent on the prior-year period. Earnings per share increased 36
percent to EUR1.14 (Q1/2010: EUR0.84 per share).
In addition, the Company announced that it was accelerating the efficiency
measures that have been running since 2010. The full cost effects of EUR150
million per year will now be reached from 2012 onwards, instead of 2013 as
originally planned. For 2011, the Group is expecting savings of EUR115
million instead of the budgeted figure of EUR85 million. Thanks to its
strict cost discipline in the first quarter and the accelerated
implementation of its efficiency measures, Deutsche Börse is cutting its
operating cost guidance for 2011 by EUR35 million to EUR890 million.
28.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Deutsche Börse AG
60485 Frankfurt am Main
Deutschland
Phone: +49 (0)69 211 - 0
Fax:
E-mail: [email protected]
Internet: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX, EuroStoxx 50
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX
End of Announcement DGAP News-Service
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