Deutsche Brse announced today that it expected to exceed its targeted Earnings before Interest and Taxes (EBIT) for the year ended 31 December 2002: the target of 320 million euros would be exceeded by approximately 10 per cent giving an expected result of 350-355 million euros after goodwill and exceptional charges. “The higher profit stems from the positive development in trading activity in the fourth quarter of 2002, which has remained strong in January 2003,” explains the German trading technology group.
Deutsche Borse Says It Will Exceed Earnings Targets
Deutsche Brse announced today that it expected to exceed its targeted Earnings before Interest and Taxes (EBIT) for the year ended 31 December 2002 the target of 320 million euros would be exceeded by approximately 10 per cent giving an