Deutsche Börse AG published its results for the first quarter of 2016 on Wednesday. Consolidated net revenue rose 8 per cent compared with the same quarter of the previous year to €648.5 million (Q1/2015: €600.1 million). Besides consolidation effects, the increase was largely driven by positive developments in index derivatives and in the commodities business within the Eurex segment. At €301.2 million, adjusted operating costs were up year-on-year (Q1/2015: €282.5 million), as planned – exclusively due to consolidation effects. Adjusted earnings before interest and taxes (EBIT) amounted to €349.5 million (Q1/2015: €319.2 million). Basic earnings per share, adjusted for non-recurring effects, were €1.25 (Q1/2015: €1.24). In the previous year, adjusted earnings per share included positive FX effects of approximately 7 euro cents.
read more...↧