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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Deutsche Boerse Ag Namen Akt (PK) | USOTC:DBOEF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7.17 | 3.62% | 204.886 | 197.88 | 209.23 | 204.886 | 204.886 | 204.886 | 1 | 20:05:31 |
From Jul 2019 to Jul 2024
By Mauro Orru
Deutsche Boerse AG on Wednesday set growth targets until 2023 as part of its mid-term strategy.
The German stock exchange operator said it expects net revenue growth of about 10% a year on average until 2023, with an increasingly important contribution from mergers and acquisitions.
The M&A contribution to net revenue should rise to around 5%, the company said.
Deutsche Boerse projects average annual growth of around 10% for earnings before interest, taxes, depreciation, and amortization as well as for earnings per share until 2023.
"The long-term trends in the financial markets support our solid growth. They will not greatly be affected by Corona. Corona has a rather cyclical character for us," Chief Executive Theodor Weimer said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
November 18, 2020 08:38 ET (13:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Deutsche Boerse Ag Namen... (PK) Chart |
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