For 2023, Deutsche Börse has announced net proceeds of between 4.5 and 4.7 billion euros.
(Photo: dpa)
Frankfurt Higher interest rates and lively trading in electricity derivatives helped Deutsche Börse to jump in sales and profits in the second quarter. “Due to the very good development in the first half of 2023 and the outlook for the rest of the year, we expect to exceed our forecast for 2023,” said the stock exchange operator on Tuesday evening.
In the second quarter, net sales rose 20 percent to 1.2 billion euros and operating profit (Ebitda) rose 25 percent to 733 million euros. Both clearly exceeded the analysts’ expectations of Deutsche Börse.
For 2023, Deutsche Börse has forecast net revenue of between 4.5 and 4.7 (2022: 4.34) billion euros and an EBITDA of 2.6 to 2.8 (2022: 2.5) billion euros.
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