Trading
Deutsche Boerse Q4 Net Profit up 23%, as 2021 Targets Met
Published by maria gbaf
Posted on February 11, 2022
1 min readLast updated: February 9, 2026
Add as preferred source on Google
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on February 11, 2022
1 min readLast updated: February 9, 2026
Add as preferred source on GoogleFRANKFURT (Reuters) -German exchange operator Deutsche Boerse said on Wednesday that it posted a 23% rise in fourth-quarter net profit, a slightly better result than analysts had expected.
FRANKFURT (Reuters) -German exchange operator Deutsche Boerse said on Wednesday that it posted a 23% rise in fourth-quarter net profit, a slightly better result than analysts had expected.
The showing during the last three months of 2021 allowed the company to meet its targets for the year, despite low volatility in markets that put a lid on its ability to generate revenue.
Net profit attributable to shareholders was 281.2 million euros ($321.58 million), up from 228.9 million euros a year ago, the company said. Analysts had expected a profit increase of nearly 22%.
The company announced new targets for 2022. They include net revenue of around 3.8 billion euros, and earnings before interest, taxes, depreciation and amortisation of around 2.2 billion.
Theodor Weimer, chief executive officer, said over the next two years he would continue to focus on secular growth and mergers and acquisitions.
($1 = 0.8744 euros)
(Reporting by Tom Sims and Frank SiebeltEditing by Chris Reese, Kirsten Donovan)
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is a key indicator of a company's profitability.
EBITDA is a measure of a company's overall financial performance. It calculates earnings by adding back interest, taxes, depreciation, and amortization to net income.
Revenue is the total amount of money generated by the sale of goods or services before any expenses are deducted. It is often referred to as sales or turnover.
Corporate strategy refers to the overall plan for a company to achieve its goals and objectives. It encompasses decisions on resource allocation, mergers and acquisitions, and market positioning.
Market volatility refers to the degree of variation in trading prices over time. High volatility indicates significant price fluctuations, while low volatility suggests stable prices.
Explore more articles in the Trading category
