CAPTION: Deutsche Börse earns more in 2022 than ever before. (picture alliance/SvenSimon/Malte Ossowski)
German exchange operator Deutsche Börse reported that its net revenue rose by 24% to €4.34 billion ($4.65 billion) in 2022, fuelled by brisk trading volumes, higher interest rates and takeovers.
Full-year net profit increased by almost a quarter to just under €1.5 billion, as the DAX-listed company said from Frankfurt that it earned more last year than ever before.
The executive board is proposing a dividend of €3.60 for financial year 2022, a year-on-year increase of 13%.
"Despite the expected economic slowdown we are anticipating our business to continue to grow further in the current year," said Deutsche Börse CEO Theodor Weimer.
For 2023, the group is expecting net revenue to increase between €4.5 billion and €4.7 billion.
Deutsche Börse AG operates the Frankfurt Stock Exchange.
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.