Deutsche Boerse AG reported impressive results for the third quarter of 2024, with net revenue climbing to €1.40 billion, an increase of 18% year-on-year. The company’s EBITDA amounted to €802 million, while profit after tax reached €445 million. This solid performance, driven by the successful integration of Simcorp and the strong growth of investment management solutions, led the stock exchange operator to revise upwards its forecasts for the whole year. Deutsche Boerse now expects net sales of around €5.80 billion and EBITDA of between €3.30 billion and €3.40 billion for the current financial year.

Market response and future outlook

Despite the positive financial results, the stock market’s initial reaction was muted, with shares seeing a slight decline in XETRA trading. Analysts nevertheless remain optimistic, setting an average price target of €214.67. The company’s stock remains one of the best performing among German blue chip stocks, with a gain of almost 15% since the start of the year. As Deutsche Boerse prepares for a year-end leadership transition, it remains confident in its growth trajectory, particularly in data and software solutions, aimed at further reducing its dependence on market fluctuations.

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Deutsche Boerse share: new analysis – October 24

New information about Deutsche Boerse has been released. What is the impact for investors? Our latest independent report examines recent figures and market trends.

Read our updated analysis of Deutsche Boerse…