鶹ý

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
鶹ý
Leading the Way

Global 鶹ý Finance News and Commentary
≔ Menu
鶹ý
Leading the Way

Global 鶹ý Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Deutsche Börse ends Q4 2018 with strong growth
Industry news

Deutsche Börse ends Q4 2018 with strong growth


14 February 2019 Frankfurt
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Deutsche Börse AG generated net revenue of €2,770.4 million in 2018, an increase of 13 percent compared to the previous year.

Following strong growth in 2018, Deutsche Börse Group said its expectations for the year 2019 are “slightly more subdued, given the general economic slowdown, risen economic risk and political uncertainty”.

The company said it still expects secular growth opportunities this year to yield net revenue growth of at least 5 percent.

It also anticipated adjusted net profit to grow by around 10 percent in 2019.

In a statement, Deutsche Börse said: “Depending on the equity market volatility, net profit growth could show slightly higher or lower levels.”

Gregor Pottmeyer, chief financial officer of Deutsche Börse AG, said: “In 2018, we managed to secularly increase our net revenue by approximately 6 percent, slightly ahead of our plan.”

He added: “Cyclical net revenue increased significantly. In total, adjusted net profit grew by 17 percent—clearly exceeding our mid-term targets. Through a double-digit dividend increase, our shareholders will adequately participate in this development.”

Theodor Weimer, CEO of Deutsche Börse AG, commented: “Deutsche Börse Group is looking back on a really good year. In 2018, we also made important strategic decisions. Given the economic environment, we are taking a slightly more subdued stand on our expectations for the current business year.”

He added: “Cyclical risks are increasing and political risks are difficult to predict. Still, we are confident that we will maintain our ability to grow by our own efforts. In addition, we will focus on value-enhancing external growth and the consistent application of new technologies.”
← Previous industry article

ISLA creates new GMSLA
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 鶹ý Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Dividend
→ Volatility
→ Yield

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →