Net income decreased by 4% to €183m for Q2 17 compared to Q2 16. Total revenues were up by 6% to €706m for Q2 17 compared to Q2 16. Total expenses rose by 2% to €393m for Q2 17. Volume-related costs increased by 16% to €82m in the same period. The result from equity investments rose from a loss of €5.4m for Q2 16 to a profit of €1.6m for Q1 17. EBIT increased therefore by 13% to €314m for Q2 17 compared to Q2 16. The financial result was unchanged expenses o
27 Jul 2017
Weaker Q2 17 profit due to US tax provision
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Weaker Q2 17 profit due to US tax provision
Deutsche Boerse AG (DBO:WBO) | 0 0 1.7% | Mkt Cap: 20,554m
- Published:
27 Jul 2017 -
Author:
Dieter Hein -
Pages:
2
Net income decreased by 4% to €183m for Q2 17 compared to Q2 16. Total revenues were up by 6% to €706m for Q2 17 compared to Q2 16. Total expenses rose by 2% to €393m for Q2 17. Volume-related costs increased by 16% to €82m in the same period. The result from equity investments rose from a loss of €5.4m for Q2 16 to a profit of €1.6m for Q1 17. EBIT increased therefore by 13% to €314m for Q2 17 compared to Q2 16. The financial result was unchanged expenses o