Dontworry
The company's net profit for October through December of 2023 was €427.4 million, up from €378.9 million in the same period the previous year. EPS increased from €1.96 to €2.2.
Revenue increased to €1.436 billion from €1.168 billion in the previous year.
EBITDA for Deutsche Boerse increased 17% year over year to €2.944 billion in 2023. The revenue climbed by 15% to reach €5.077 billion.
In particular, the successful consolidation with Danish financial software provider SimCorp A/S had a favorable impact on the results.
Deutsche Boerse projects sales exceeding €5.6 billion and EBITDA growth exceeding €3.2 billion in 2024.
"We are currently expecting a slight cyclical restraint due to a possible reduction in key interest rates in the US," the company stated. "Our predictions would be positively impacted if key interest rates stay at their current levels or if market volatility rises."
source: bloomberg.com
Revenue increased to €1.436 billion from €1.168 billion in the previous year.
EBITDA for Deutsche Boerse increased 17% year over year to €2.944 billion in 2023. The revenue climbed by 15% to reach €5.077 billion.
In particular, the successful consolidation with Danish financial software provider SimCorp A/S had a favorable impact on the results.
Deutsche Boerse projects sales exceeding €5.6 billion and EBITDA growth exceeding €3.2 billion in 2024.
"We are currently expecting a slight cyclical restraint due to a possible reduction in key interest rates in the US," the company stated. "Our predictions would be positively impacted if key interest rates stay at their current levels or if market volatility rises."
source: bloomberg.com