Deutsche Boerse Q1 dented by lower trading volatility
FRANKFURT, April 29
FRANKFURT, April 29 (Reuters) - Deutsche Boerse said quarterly earnings before interest and taxes (EBIT) fell to 192.0 million euros ($251.52 million) after low interest rates and reduced equity market volatility dented revenue.
Net revenue fell 4 percent in the first quarter to 484.3 million euros, although it registered an improvement compared with the previous two quarters, the company said on Monday.
- Malaysian plane presumed crashed; questions over false IDs |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Malaysian plane crashed off Vietnam coast: state media