Report
Roland Pfaender,MBA,CFA,CCRA

Deutsche Borse : Q2 2020e results: back to a more normalised run-rate

>We forecast € 289.2m adjusted net profit for Q2 2020e - Deutsche Börse is due to report Q2 2020 results on 29 July post market close. Following a very strong Q1 2020, which was driven by elevated volatility in the markets, we expect a solid Q2 2020 which should reflect a more normalised run-rate. We forecast € 772.9m net revenue for the quarter (up 6.6% y-o-y) and adjusted net attributable profit of € 289.2m (up 0.3% y-o-y).Eurex with more modest growth ...
Underlying
Deutsche Boerse AG

Deutsche Boerse is a financial services provider. Co.'s segments include Eurex, which comprises areas such as T7 electronic derivatives market trading platform, T7 electronic options trading platform, and Eurex Repo® over-the-counter trading platform; Xetra, which comprises areas such as cash market, the Specialist trading, and Eurex Bonds® OTC trading platform. Clearstream, which comprises custody and settlement services, securities financing services and collateral management, and investment funds services; and Market Data + Services, which comprises areas such as Distribution of licenses for real-time trading and market signals, and development and sales of indices.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Roland Pfaender,MBA,CFA,CCRA

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