Deutsche Börse: 2024 targets exceeded
(CercleFinance.com) - Deutsche Börse last night announced that it had exceeded its financial targets for FY 2024, a performance that will enable it to increase its dividend and launch new share buybacks.
The German stock exchange operator reported a 15% increase in operating profit (Ebitda) to almost E3.4bn, on annual sales that also rose by 15% to over E5.8bn.
Organic growth came in at 8%.
Deutsche Börse said it had benefited from the strength of its commodities business, the robustness of its securities business and the solid performance of its software division.
For FY 2024, the group intends to propose an increased dividend of E4 per share, while launching a new E500m share buyback program.
For 2025, Deutsche Börse expects to continue its organic growth, and is aiming for sales of around E5.2bn and Ebitda of around E2.7bn.
CEO Stephan Leithner also believes that the Group is well positioned to achieve its financial and strategic targets for 2026.
On the Frankfurt Stock Exchange, the share price advanced by 0.7%, outperforming the German stockmarket (+0.2%).
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The German stock exchange operator reported a 15% increase in operating profit (Ebitda) to almost E3.4bn, on annual sales that also rose by 15% to over E5.8bn.
Organic growth came in at 8%.
Deutsche Börse said it had benefited from the strength of its commodities business, the robustness of its securities business and the solid performance of its software division.
For FY 2024, the group intends to propose an increased dividend of E4 per share, while launching a new E500m share buyback program.
For 2025, Deutsche Börse expects to continue its organic growth, and is aiming for sales of around E5.2bn and Ebitda of around E2.7bn.
CEO Stephan Leithner also believes that the Group is well positioned to achieve its financial and strategic targets for 2026.
On the Frankfurt Stock Exchange, the share price advanced by 0.7%, outperforming the German stockmarket (+0.2%).
Copyright (c) 2025 CercleFinance.com. All rights reserved.