Deutsche Borse : Q2 2021 puts Deutsche Börse on track to reach our estimates
>Q2 2021 net profit of € 311m vs € 297m consensus - Deutsche Börse reported Q2 2021 net profit of € 310.9m, up by 21.1% y-o-y and ahead of our € 294.5m estimate and € 297m consensus estimate. The underlying quality of the quarterly results was slightly soft due to rather low organic growth (4% organic revenue growth) and cyclical tailwind (e.g. net interest income). The bottom-line beat was helped by a € 40m one-off pre-tax gain linked to the early acquisition of the ...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.