Slide 1: Q1/2016 Results Analyst and Investor Conference Call
Q1/2016 Results Analyst and Investor Conference Call 28 April 2016
Slide 2: Highlights Q1/2016 Results Presentation
Q1/2016 Results 28 April 2016 Deutsche Börse Group 1 Highlights Q1/2016 Results Presentation First quarter 2016 results were driven by Eurex’s best quarter ever; strong net revenue performance in particular in index derivatives (+21 per cent) and commodities (+36 per cent) Net revenue amounted t
Slide 3: Q1/2016 – Group Financials
Q1/2016 Results 28 April 2016 Deutsche Börse Group 2 Q1/2016 – Group Financials Net revenue, EBIT and EPS development €m Net revenue EBIT adjusted1 EPS adjusted (€)1 Revenue Net revenue: €648.5m (+8% y-o-y) +8% +1% Net interest income: €18.6m (+121% y-o-y); now also includes Eurex NII from cash
Slide 4: Q1/2016 – Overview Of Changes To Financial Reporting
Q1/2016 Results 28 April 2016 Deutsche Börse Group 3 Q1/2016 – Overview Of Changes To Financial Reporting Changes to financial reporting Eurex ISE classified as discontinued operations under IFRS and thus excluded from main income statement (included in this presentation for modelling purposes)
Slide 5: Q1/2016 – Eurex
Q1/2016 Results 28 April 2016 Deutsche Börse Group 4 Q1/2016 – Eurex Business activity Q1/2016 y-o-y Net revenue Financial derivatives (traded contracts in m) €m US Options 160.1 25% Equity 76.8 3% +25% 314 23 Others2 Fixed income 131.7 6% 261 270 16 360T 251 253 21 Index 255.7 19% 20 17 55 Commodit
Slide 6: Agreement With NASDAQ Regarding The Sale Of ISE
Q1/2016 Results 28 April 2016 Deutsche Börse Group 5 Agreement With NASDAQ Regarding The Sale Of ISE Deutsche Börse AG and NASDAQ, Inc. have entered into an agreement regarding the sale of International Securities Exchange Holdings, Inc. (“ISE”) on 9 March 2016 Q1/2016 ISE financials (as part of D
Slide 7: Q1/2016 – Xetra
Q1/2016 Results 28 April 2016 Deutsche Börse Group 6 Q1/2016 – Xetra Business activity Q1/2016 y-o-y Net revenue Order book volume in €bn1 €m -12% -12% 437 49 48 385 4 45 43 5 42 3 4 4 4 4 Others2 8 3 3 3 Listing 7 8 7 7 CCP 34 32 30 28 29 Trading Q1/15 Q1/16 Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 1) Xetra,
Slide 8: Q1/2016 – Clearstream
Q1/2016 Results 28 April 2016 Deutsche Börse Group 7 Q1/2016 – Clearstream Business activity Q1/2016 y-o-y Net revenue €m -2% ICSD: Assets €6.7tr 2% 191 188 under custody 184 183 187 9 9 13 8 8 NII 17 17 17 CSD: Assets 16 17 GSF €5.8tr -6% under custody 32 32 31 30 29 IFS IFS: Assets 33 31 31 30 30
Slide 9: Q1/2016 – Market Data + Services
Q1/2016 Results 28 April 2016 Deutsche Börse Group 8 Q1/2016 – Market Data + Services Business activity Q1/2016 y-o-y Net revenue Index €m Calculation/ distribution of indices through STOXX: -5%1 110 ETF AuM STOXX €63bn 5% 102 104 96 94 ETF AuM DAX €25bn 0% 28 27 29 Index 24 24 Data Derivatives
Slide 10: Organic Net Revenue Growth In Q1/16 At Lower End Of Guidance; Full Year Earnings Growth Guidance Confirmed
Q1/2016 Results 28 April 2016 Deutsche Börse Group 9 Organic Net Revenue Growth In Q1/16 At Lower End Of Guidance; Full Year Earnings Growth Guidance Confirmed Guidance 2016 Development in Q1/2016 Organic growth (adjusted for consolidation3) Net revenue Organic net revenue development in 2015 pro-
Slide 11: Dividend Payment For 2015 After AGM On May; Proposal To Shareholders €2.25 (+7 per cent)
Q1/2016 Results 28 April 2016 Deutsche Börse Group 10 Dividend Payment For 2015 After AGM On 11 May; Proposal To Shareholders €2.25 (+7 per cent) Dividend policy Dividend per share € In general, Deutsche Börse Group +7% 2.10 2.25 aims to distribute 40 to 60 per cent of the adjusted annual net inco
Slide 12: Appendix
Q1/2016 Results 28 April 2016 Deutsche Börse Group 11 Appendix
Slide 13: Income Statement – Group Level Adjusted
Q1/2016 Results 28 April 2016 Deutsche Börse Group 12 Income Statement – Group Level Adjusted Quarter ended Quarter ended 31 March 2016 31 March 2015 Sales revenue 739.4 679.8 Net interest income from banking business 18.6 8.4 Other operating income 4.6 5.2 Total revenue 762.6 693.4 Volume-related c
Slide 14: Income Statement – Segmental Level
Q1/2016 Results 28 April 2016 Deutsche Börse Group 13 Income Statement – Segmental Level Eurex Xetra Clearstream Market Data + Services Q1/2016 Q1/2015 Q1/2016 Q1/2015 Q1/2016 Q1/2015 Q1/2016 Q1/2015 Sales revenue1 365.5 288.2 49.4 57.2 223.6 228.5 114.1 117.9 Net interest income from banking busine
Slide 15: Financial Calendar And Contact Details
Q1/2016 Results 28 April 2016 Deutsche Börse Group 14 Financial Calendar And Contact Details Financial calendar Contact details 11 May 2016 Annual General Meeting Deutsche Börse AG 12 May 2016 Dividend distribution for 2015 Investor Relations 1 June 2016 Investor Day 2016 (London) Mergenthalerallee
Slide 16: Disclaimer
Q1/2016 Results Disclaimer Cautionary note with regard to forward-looking statements: This document contains forward-looking statements and statements of future expectations that reflect management's current views and assumptions with respect to future events. Such statements are subject to known an