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Deutsche Börse AG

Earnings Release Nov 5, 2009

101_rns_2009-11-05_1002d0a1-db04-48e2-9b53-62be9c5b9344.html

Earnings Release

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News Details

Ad-hoc | 5 November 2009 20:08

Deutsche Börse AG: Deutsche Börse AG releases Q3/2009 results

Deutsche Börse AG / Quarter Results

05.11.2009

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.


Sales revenue for Deutsche Börse Group in the third quarter 2009 decreased
slightly against the second quarter of 2009 to EUR500.9 million (Q2/2009:
EUR515.6 million,
-3%). The decline is largely due to price changes in trading of US options
and in the settlement of German securities as well as effects caused by the
weaker US dollar. In comparison to the strong third quarter 2008, sales
revenue decreased by 19 percent (Q3/2008: EUR616.1 million). Net interest
income from the Group's banking business fell in the third quarter,
particularly due to a continued decline in short-term interest rates to
EUR21.9 million (Q2/2009: EUR25.9 million, -15%; Q3/2008: EUR55.7 million,
-61%). Total costs in the third quarter of EUR306.7 million were down
slightly quarter-on-quarter (Q2/2009: EUR322.5 million, -5%), as well as
year-on-year (Q3/2008: EUR311.2 million, -1%) due to the ongoing efficiency
measures. The cost forecast of around EUR1,280 million for financial year
2009 remains unchanged. Overall, Deutsche Börse Group thus generated EBITA
of EUR243.7 million in the third quarter (Q3/2008: EUR385.0 million, -37%).
Net income for the period amounted to EUR158.3 million (Q3/2008: EUR257.3
million, -38%). Basic earnings per share stood at EUR0.85 based on the
average 185.9 million outstanding shares in Q3/2009. This corresponds to a
decline of 4 percent over the second quarter 2009 (Q2/2009: EUR0.89). In
the prior-year quarter this figure amounted to EUR1.35 based on 190.5
million shares.
For 2010, the Executive Board of Deutsche Börse AG plans to further
increase the expenses for organic growth initiatives and at the same time
aims at not exceeding 2008 costs and the 2009 cost guidance of around
EUR1,280 million also in 2010.

Contact:
Dr. Frank Herkenhoff
Tel.: +49-69-21 11 15 00

05.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: Deutsche Börse AG
Neue Börsenstraße 1
60487 Frankfurt am Main
Deutschland
Phone: +49 (0)69 211 - 0
Fax: +49 (0)69 211 - 12005
E-mail: [email protected]
Internet: www.deutsche-boerse.com
ISIN: DE0005810055
WKN: 581005
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart;
Terminbörse EUREX

End of News DGAP News-Service


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