In the second quarter of 2007 Deutsche Boerse delivered its most successful quarter ever. In terms of earnings, the company by far outstripped both the equivalent previous year period and Q1/2007, its most successful quarter to date.
In the second quarter this year, sales revenue was up by 10 percent on the same period in 2006, rising to 542.5 million.
Costs for the second quarter totaled 311.9 million and included some 25 million in exceptional effects pertaining to: The highest ever participation rate of more than 50 percent of the Group’s employees in the “Group Share Plan”, project related expenditure such as for the ISE transaction and implementation of the new organisational structure as of 1 July 2007, as well as software write-offs.
EBITA increased 10 percent to 321.8 million and included an extraordinary profit of some 10 million from the disposal of land. Based on an average of 194.1 million outstanding shares, earnings per share increased 17 percent in the second quarter to 1.09.
“We have achieved these record results against the background of strong double digit growth across all business areas in the first half of 2007 and despite higher than budgeted costs,” says Deutsche Boerse CFO, Thomas Eichelmann.