Deutsche Börse $DB1 (-0.57%)
remains on course for growth and therefore intends to launch another share buyback program with a volume of 500 million euros this year. Shareholders are also set to benefit. Among other things, a takeover has provided a tailwind.
Deutsche Börse earned more in the past financial year and has now announced a share buyback program worth millions. Net profit attributable to shareholders increased by 13 percent to 1.95 billion euros in 2024, the exchange operator announced.
Net revenue increased by 15 percent to 5.83 billion euros, with organic growth of eight percent. Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased by 15 percent to 3.4 billion euros.
Among other things, growth as a result of the acquisition of the Danish financial software specialist SimCorp and in the Commodities division, where significant growth was achieved for the fourth year in a row, provided a tailwind. "We have benefited from strong organic growth across the entire Group - even without taking interest income into account," summarized CEO Stephan Leithner.
Shareholders should also benefit from the profit boost: The company held out the prospect of a higher dividend of EUR 4.00 per share, compared to EUR 3.80 in the previous year. In addition, it intends to acquire its own shares for 500 million euros in 2025 to supplement the planned dividend. Deutsche Börse is confident about the future: "We are well on track to achieve our strategic and financial targets for 2026," said Leithner.
The structural trends in the industry remain fully intact, he added. "We therefore expect significant organic growth again in the current financial year." In figures, the stock exchange operator expects net revenue of around EUR 5.2 billion (previous year: EUR 4.78 billion) and EBITDA of around EUR 2.7 billion (EUR 2.35 billion) for 2025, excluding the treasury result.
The key figures exclude net interest income and fees for deposited collateral (treasury result). In future, the Group intends to manage its business increasingly on the basis of the new key figure, as this excludes cyclical interest rate effects.
Source: ntv.de, jki/rts
