Deutsche Börse Reports Growing FX Revenues in Q4 2020

Deutsche Börse Group, a leading German marketplace organizer for the trading of shares and other securities, today reported its financial results for Q4 of 2020. Net revenue reached €814 million in the last quarter of 2020, an 8% jump compared to the same period in 2019.

According to the official financial report, Deutsche Börse Group’s FX segment 360T saw net revenue of €26.1 million in Q4 of 2020, a 7% spike compared to the same period in 2019. For the whole year, the net revenue of 360T stood at €101.5 million, compared to €92.1 million in 2019.

Deutsche Börse Group reported total net revenue of €3.2 billion in 2020, a 9% jump compared to 2019. Net profit for the entire year stood at €1.1 billion, compared to €1 billion in 2019.

“For Deutsche Börse Group the financial year 2020 was influenced by the development of the COVID-19 pandemic, which in some cases had a significant impact on segment earnings. In an extraordinarily volatile market environment, the Group saw significant earning increases in the first quarter of 2020, whereas markets became increasingly subdued over the remainder of the year and interest rates fell to new lows worldwide. Secular net revenue growth across the Group amounted to 5 percent as planned, driven by product innovations, increasing market shares and a growing customer base,” the official report states.

Jump in Earnings

Deutsche Börse Group reported a jump in 2020 earnings as Q4 earnings before interest rate and tax (EBIT) stood at €367 million, which is a spike of 18% compared to the same period in 2019. Additionally, the Group reported earnings per share of 1.29 in Q4 of 2020, compared to 1.16 in Q4 of 2019.

“During the very difficult year 2020, for the world as well as for everyone individually, always overshadowed by COVID-19, Deutsche Börse reliably delivered strong results. This demonstrates the resilience and robustness of our business model in challenging times. Over the past three years, we also reliably delivered the promised goals of our medium-term plan Roadmap 2020,” Theodor Weimer, Chief Executive Officer of Deutsche Börse AG said.