DGAP-Adhoc: Deutsche Börse AG launches broad-based growth programme and raises mid-term guidance


Deutsche Börse AG  / Key word(s): Miscellaneous

27.07.2015 18:51

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Deutsche Börse AG launches broad-based growth programme and raises mid-term
guidance

Deutsche Börse AG launches the group-wide growth programme "Accelerate".
Having conducted an in-depth review of its strategy, organisational
structures and business processes, Deutsche Börse launched "Accelerate"
with the long-term objective of becoming the global market infrastructure
provider of choice, being top-ranked in all businesses it is in.

As part of this strategic review of existing business activities, the Group
enhanced the transparency of its structural and cyclical growth targets and
identified additional growth potential. The company anticipates net revenue
increases of between 5 and 10 per cent annually, based on its current
business portfolio and assuming a continued recovery of the world economy
as well as medium-term interest rate rises. The Group is targeting 10 per
cent to 15 per cent increases in earnings before interest and taxes (EBIT)
and net income. This implies a target range of between EUR2.8 billion and
EUR3.2 billion in net revenue and EBIT of between EUR1.55 billion and
EUR1.75 billion for 2018, including the recently announced acquisitions of
STOXX and 360T.

The Group also plans to unlock capacity for further investment, as an
additional growth-accelerating effect. Through delayering, the integration
of functions into competence centres and further improvements in purchasing
and procurement, the Group is looking to create approximately EUR50 million
in additional investment capacity from 2016 onwards. This will require
one-off restructuring costs of approximately EUR 60 million in the year
2015.


Contact:
Frank Herkenhoff
Tel.: +49-69-21 11 15 00


27.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Deutsche Börse AG
              -
              60485 Frankfurt am Main
              Germany
Phone:        +49 (0)69 211 - 0
Fax:          
E-mail:       ir@deutsche-boerse.com
Internet:     www.deutsche-boerse.com
ISIN:         DE0005810055, DE000A1RE1W1, DE000A1R1BC6
WKN:          581005, A1RE1W, A1R1BC
Indices:      DAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart; Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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