Deutsche Börse AG’s Q3 Revenues Stagnate YoY, Earnings More Upbeat

Earnings were on the rise in Q3 2016, despite a relative stagnation in revenues YoY at the group.

Deutsche Börse AG has reported its latest tranche of statistics for Q3 2016 ending September 30, 2016, which were characterized by a slight rise across several key segments and measures YoY, per a Deutsche Börse earnings filing.

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In terms of its revenues, Deutsche Börse saw this figure rising to $608.8 million (€558.5 million) in Q3 2016, up less than 1.0% YoY from $605.1 million (€555.0 million) in Q3 2015, despite what was widely billed as a very weak market atmosphere over the past twelve months.

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Moving to another segment, Deutsche Börse also saw its adjusted operating costs decline to $300.4 million (€275.5 million), down -5.6% YoY from $316.9 million (€290.6 million) in Q3 2015. The adjusted consolidated net profit over the same period rose to $207.9 million (€190.7 million) in Q3 2016, relative to $195.4 million (€179.2 million), or 6.4% YoY.

Basic earnings per share also orchestrated a slight rise YoY, which increased to $1.11 (€1.02) in Q3 2016, edging higher from $1.06 (€0.97) in Q3 2015, or 5.2% YoY. According to Gregor Pottmeyer, Chief Financial Officer (CFO) of Deutsche Börse AG, in a recent statement on the earnings: “During the third quarter, we were able to compensate for the weaker market environment through growth areas such as commodities and Clearstream’s international business and to increase net revenue overall.”

“Besides that, the continued implementation of structural efficiency measures contributed notably to the solid earnings growth. Based on the developments in the first nine months, we are confirming our earnings guidance for 2016,” he added.

Deutsche Börse AG’s Q3 earnings can be read in full by accessing the following link.

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