Deutsche Börse posts strong full year results

Deutsche Börse concluded financial year 2007 with new records for revenues and earnings.

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According to the preliminary figures published by the company on Tuesday, sales revenue climbed by 18 percent to €2,185.2 million in 2007 (2006: €1,854.2 million). The company earned a further €230.8 million in net interest income from banking business (2006: €150.7 million). Costs of €1,323.5 million were "in-line" with the companies guidance and include exceptional items such as provisions for the restructuring and efficiency program targeting €100 million in cost savings per annum as well as provisions for stock based compensation against the background of a 95 percent share price increase in 2007. EBITA (Earnings before interest, tax and goodwill impairment) increased 31 percent to €1,345.9 million (2006: €1,029.1 million) and includes a non-taxable book gain of some €120 million from the sale of property in Luxembourg in the fourth quarter. The net income for 2007 reached €911.7 million, as against €668.7 million in the previous year. Basic earnings per share, calculated on the basis of a weighted average number of 194.1 million shares outstanding, increased by 40 percent to €4.70 (2006: €3.36 on the basis of 198.9 million shares outstanding).

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