DGAP-Adhoc: Deutsche Börse AG: Deutsche Börse AG releases Q2/2010 results

| Source: EQS Group AG EQS Group AG 

Deutsche Börse AG / Quarter Results/Half Year Results

27.07.2010 20:05 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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In the course of the recovery of the global economy and increased
volatility on financial markets, Deutsche Börse Group recorded significant
growth in sales revenue in Q2/2010 as against both the prior-year quarter
and the previous quarter. At EUR564.4 million in Q2/2010, sales revenue was
up 9 percent as against Q2/2009 (EUR515.6 million) and also 9 percent
higher than in Q1/2010 (EUR519.2 million).
In addition to sales revenue, the Group's net interest income from banking
business amounted to EUR15.7 million, down 39 percent on the prior-year
quarter (Q2/2009: EUR25.9 million) and up 43 percent on the previous
quarter (Q1/2010: EUR11.0 million).
At EUR356.0 million, total costs were higher than in the second quarter of
2009 (Q2/2009: EUR311.7 million). However, this includes restructuring
expenses of EUR82.0 million as part of the measures to increase operating
efficiency announced in Q1/2010. Adjusted for this effect, costs amounted
to EUR274.0 million, down significantly year-on-year and on a level with
the previous quarter (Q1/2010: EUR271.0 million adjusted for restructuring
expenses). Due to the positive cost performance in the first half of 2010,
the Company now expects to come in below its original cost guidance of
EUR1,210 million for full-year 2010 before restructuring expenses.
Furthermore, with project progress the expenses for restructuring measures
have become more concrete. They will amount to less than EUR200 million,
some EUR40 million below the original assumption.
Overall, Deutsche Börse Group therefore generated EBIT of EUR257.4 million,
up 3 percent on the second quarter of 2009 (Q2/2009: EUR248.8 million).
Adjusted for restructuring expenses, the increase was even greater, by 36
percent to EUR338.4 million.
Net income for the second quarter of 2010 amounted to EUR160.8 million as
against EUR164.9 million in Q2/2009. Adjusted for restructuring expenses,
net income for the period amounted to EUR219.9 million, up 33 percent.
Basic earnings per share, based on a weighted average of 185.9 million
shares outstanding, amounted to EUR0.87 in the second quarter of 2010
(Q2/2009: EUR0.89 with an average of 185.8 million shares outstanding).
Adjusted for restructuring expenses, basic earnings per share were up 34
percent year-on-year at EUR1.19.


Kontakt:
Dr. Frank Herkenhoff
Tel.: +49-69-21 11 15 00








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Language:     English
Company:      Deutsche Börse AG
              Neue Börsenstraße 1
              60487 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69 211 - 0
Fax:          +49 (0)69 211 - 12005
E-mail:       ir@deutsche-boerse.com
Internet:     www.deutsche-boerse.com
ISIN:         DE0005810055
WKN:          581005
Indices:      DAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Hannover, Düsseldorf, Hamburg, Stuttgart;
              Terminbörse EUREX
 
End of News                                     DGAP News-Service
 
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