Q3/2011: Deutsche Börse achieved best quarterly result since 2008

27 October 2011

Q3/2011: Deutsche Börse achieved best quarterly result since 2008 Share buyback program with a volume of around €100 million until year-end/ Sales revenue increased 20 percent to €604.7 million/ Adjusted EBIT of €356.4 million, up 46 percent/ Total cost guidance for 2011 reduced to around €1,130 million.

On Thursday, Deutsche Börse AG published its figures for the third quarter of 2011. Compared to the third quarter 2010 sales revenue increased 20 percent to €604.7 million. Adjusted for merger related costs and restructuring expenses EBIT amounted to €356.4 million, an increase of 46 percent. Adjusted earnings per share increased 45 percent compared to the previous year to €1.33.

Furthermore, the Company announced that it was further accelerating the efficiency measures that have been running since 2010. For 2011, the Group is now expecting savings of €130 million instead of €115 million. The full cost effects of €150 million per year will be reached in 2012. Based on the acceleration of the efficiency measures, Deutsche Börse is cutting its guidance for total cost in 2011 from €1,145 million to €1,130 million.

In addition, Deutsche Börse has resolved on a share buyback program pursuant to the current authorization by its shareholders. The share buyback program lasts up until the earlier of the completion of the Deutsche Börse and NYSE Euronext business combination or 31 December 2011. The overall purchase volume will amount to around €100 million. The share buyback program is limited to a number of shares that – after execution of a corresponding share buyback program of NYSE Euronext in the amount of around US$100 million – will preserve the ratio of former shareholders of Deutsche Börse AG of 60 percent and former NYSE Euronext shareholders of 40 percent in Alpha Beta Netherlands Holding N.V. after completion of the business combination of Deutsche Börse and NYSE Euronext.

Gregor Pottmeyer, CFO Deutsche Börse AG: “Our results for the third quarter show very strong performance of our business. At the same time we have further accelerated our efficiency measures and have cut our guidance for total costs in 2011. We are very confident on our future earnings power and have therefore decided to implement a share buyback program.”

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