Deutsche Börse AG

Earnings Release • Aug 4, 2009

News Details

Ad-hoc | 4 August 2009 20:03

Deutsche Börse AG: Deutsche Börse AG releases Q2/2009 results

Deutsche Börse AG / Quarter Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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In the second quarter 2009, Deutsche Börse sales revenue decreased to
EUR515.6 million (Q2/2008: EUR585.5 million, -12%) compared to the second
quarter of record year 2008. Net Interest Income from the Group's banking
business fell to EUR25.9 million (Q2/2008: EUR59.2 million, -56%)
reflecting new historic lows in short-term interest rates. Total costs in
the second quarter stood at EUR322.5 million (Q2/2008: EUR297.0 million,
+9%). Overall, Deutsche Börse generated EUR248.8 million in EBITA in the
second quarter 2009 (Q2/2008: EUR375.1 million, -34%). Net income amounted
to EUR164.9 million (Q2/2008: EUR249.4 million, -34%). Based on the average
number of 185.8 million shares outstanding in the second quarter 2009,
basic earnings per share decreased to EUR0.89 (Q2/2008: EUR1.30 based on
191.9 million shares, -32%).
On a consolidated basis, in H1/2009, sales revenue decreased to EUR1,055.4
million (H1/2008: EUR1,230.0 million, -14%). Costs of EUR620.1 million in
the first half of 2009 (H1/2008: EUR613.1 million, +1%) demonstrate the
positive effects of the efficiency measures undertaken by the Group, while
investments in growth initiatives were increased. EBITA amounted to
EUR560.4 million (H1/2008: EUR800.9 million, -30%). Net income for the
first half of 2009 amounted to EUR370.8 million (H1/2008: EUR553.6 million,
-33%), based on an effective Group tax rate of some 27 percent (H1/2008:
some 29 percent). Basic earnings per share in the first half of 2009
amounted to EUR2.00 (H1/2008: EUR2.88, -31%).
On the basis of its half-year result, Deutsche Börse reiterates its cost
guidance of some EUR1,280 million for 2009. No decision has been made on
resuming share buybacks in 2009. The Capital Management Policy of the Group
including Deutsche Börse's general commitment to distributions remains
unchanged.

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

04.08.2009 Financial News transmitted by DGAP

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 - 12005
E-mail: ir@deutsche-boerse.com
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

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