deutsche boerse net profits down in 2012
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Deutsche Boerse net profits down in 2012

Arab Today, arab today

Arab Today, arab today Deutsche Boerse net profits down in 2012

Frankfurt - AFP

German stock market operator Deutsche Boerse said Tuesday it booked net profit of 660 million euros ($895 million) in 2012, down from 849 million euros a year earlier. Underlying profit, as measured by earnings before interest and tax (EBIT), amounted to "around 1.0 billion euros", the group said in preliminary figures. A year earlier, Deutsche Boerse had booked EBIT of 1.152 billion euros. Revenues were also down at 1.93 billion euros, compared with the year-earlier figure of 2.233 billion euros. And the group said it would cut its dividend to 2.10 euros per share for 2012 from 2.30 euros for 2011.

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