Slide 1: Preliminary results FY/2014 Annual press briefing
Preliminary results FY/2014 Annual press briefing Frankfurt/Main, 19 February 2015
Slide 2: Highlights FY/2014 preliminary results presentation
Annual Press Briefing 19 February 2015 Deutsche Börse Group 1 Highlights FY/2014 preliminary results presentation Derivatives and cash activities benefitted significantly from higher equity market volatility towards the end of 2014; Clearstream and Market Data + Services continued its positive per
Slide 3: FY/2014 – development of Deutsche Börse Group's financials (Group level)
Annual Press Briefing 19 February 2015 Deutsche Börse Group 2 FY/2014 – development of Deutsche Börse Group’s financials (Group level) Net revenue (€m) EBIT adjusted1) (€m) Earnings per share adjusted1) (€) +7% +5% 2,043 3.63 1,912 3.46 +3% 954 983 2013 2014 2013 2014 2013 2014 1) Adjusted for excep
Slide 4: FY/2014 – development of Deutsche Börse Group's financials (segment level)
Annual Press Briefing 19 February 2015 Deutsche Börse Group 3 FY/2014 – development of Deutsche Börse Group’s financials (segment level) Net revenue and EBIT by segment (€m) Eurex Xetra Clearstream MD+S Net revenue +8% Net revenue +7% 803 741 698 654 Net revenue +4%2) Net revenue 366 381 +7% 376 372
Slide 5: FY/2014 – development of trading activities
Annual Press Briefing 19 February 2015 Deutsche Börse Group 4 FY/2014 – development of trading activities Eurex – European products Eurex – Index derivatives 6.0 6.0 6.2 6.7 3.4 3.6 5.4 5.2 2.8 2.5 2.4 2.3 Q4/13 Q1/14 Q2/14 Q3/14 Q4/14 Q1/151) Q4/13 Q1/14 Q2/14 Q3/14 Q4/14 Q1/151) Average daily trad
Slide 6: FY/2014 – growth areas continued to build traction
Annual Press Briefing 19 February 2015 Deutsche Börse Group 5 FY/2014 – growth areas continued to build traction Eurex – KOSPI, volatility, dividend, OAT, BTP Eurex – EEX power and gas m1) 81.1 TWh2) 2,138 BTP & OAT Dividend 58.3 39% Gas 1,487 568 +44% 38.6 Power Volatility 223 23.4 Kospi 9.7 7.1 10
Slide 7: Business model of Deutsche Börse Group is serving as the global role model
Annual Press Briefing 19 February 2015 Deutsche Börse Group 6 Business model of Deutsche Börse Group is serving as the global role model Cash market Eurex / Xetra Derivatives market Clearing Settlement Clearstream Custody Collateral management Market data Market Data + Services Indices Technology
Slide 8: Management is firmly focused on growing the business, effective cost management, and attractive capital management
Annual Press Briefing 19 February 2015 Deutsche Börse Group 7 Management is firmly focused on growing the business, effective cost management, and attractive capital management Ambitious growth targets 20‒40 per cent net revenue growth target 2013‒2017 Primarily organic growth, but also partners
Slide 9: Growth – EurexOTC Clear service offering addresses customer needs in new regulatory environment
Annual Press Briefing 19 February 2015 Deutsche Börse Group 8 Growth – EurexOTC Clear service offering addresses customer needs in new regulatory environment Value proposition Description Unique position to be 1 Only fully integrated cross-asset class clearing house in successful in OTC Integrated f
Slide 10: Growth – expansion of successful collateral management services under Global Liquidity Hub initiatives
Annual Press Briefing 19 February 2015 Deutsche Börse Group 9 Growth – expansion of successful collateral management services under Global Liquidity Hub initiatives Global infrastructure providers Value proposition: Brazil (live) Australia (live) Global Liquidity Hub Exposure Liquidity Hub GO locati
Slide 11: Growth – TARGET2-Securities, a unique opportunity because of expected shift in settlement liquidity to Clearstream
Annual Press Briefing 19 February 2015 Deutsche Börse Group 10 Growth – TARGET2-Securities, a unique opportunity because of expected shift in settlement liquidity to Clearstream Today: 24 CSD + 2 ICSD settlement systems Drivers for settlement consolidation in Clearstream as the leading T2S access hu
Slide 12: Growth – MD+S strategy aims at further enhancement of data and technology leadership
Annual Press Briefing 19 February 2015 Deutsche Börse Group 11 Growth – MD+S strategy aims at further enhancement of data and technology leadership Expansion of footprint in data & technology MD+S on track to deliver revenue growth Effective deployment of data and corresponding technology has beco
Slide 13: Growth – Deutsche Börse Group's Asian growth initiatives are based on successful expansion of business
Annual Press Briefing 19 February 2015 Deutsche Börse Group 12 Growth – Deutsche Börse Group’s Asian growth initiatives are based on successful expansion of business 2007 2013 Current initiatives Build-up of clearing house for derivatives in Singapore (in- Sales revenue < €50 million > €100 millio
Slide 14: Financial guidance – net revenue in 2014 on track to achieve mid-term growth target until 2017
Annual Press Briefing 19 February 2015 Deutsche Börse Group 13 Financial guidance – net revenue in 2014 on track to achieve mid-term growth target until 2017 Financial guidance for 2015 Net revenue on track for mid-term target €m Net revenue +5‒10% ~€2.1 to €2.3 billion p.a. ~2,300‒ +7% 2,700 Oper
Slide 15: Capital management – strong cash flow generation allows for strong rating profile and attractive distribution policy
Annual Press Briefing 19 February 2015 Deutsche Börse Group 14 Capital management – strong cash flow generation allows for strong rating profile and attractive distribution policy Strong cash flow, balance sheet and rating Attractive dividend distribution Pay-out ratio (%)2) Strong balance sheet 49
Slide 16: Disclaimer
Annual Press Briefing 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 kn