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Deutsche Börse Reports Strong Start to 2021, Raises Expectations for Full Year

Frankfurt/Main (dpa) – In the first quarter, Deutsche Börse continued to benefit from brisk trading on the stock and commodity markets and higher interest rates. After a record result in the past year, the stock exchange operator was again able to increase strongly in the three months to the end of March. Thanks to the strong start to the current year, the Group is now somewhat more optimistic about the year as a whole. “Due to the developments in the first quarter and the outlook for the rest of the year, we currently expect that we will be at the upper end of our forecast for 2023 or that we could even slightly exceed it if the cyclical tailwind remains high,” said Deutsche Börse on Wednesday evening Frankfurt with.

So far, the group listed in the Dax had expected an increase of up to eight percent to 4.5 billion to 4.7 billion euros in income. CEO Theodor Weimer had previously expected earnings before interest, taxes, depreciation and amortization (Ebitda) to rise to between EUR 2.6 billion and EUR 2.8 billion, an increase of up to eleven percent.

© dpa-infocom, dpa:230426-99-461699/2

2023-04-26 19:51:05
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