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Frankfurt / Main (dpa) - The brisk trade on the financial markets during the Corona crisis gave Deutsche Börse a record year.

The profit adjusted for special effects rose by nine percent to 1.2 billion euros, as the Dax group announced on Wednesday evening in Frankfurt.

Net sales also increased by nine percent to 3.2 billion euros.

The shareholders should benefit from the growth with a dividend increased by ten cents to three euros.

With the result, the company achieved the goals set for 2020.

However, experts had expected a slightly better profit and a higher dividend.

"In a difficult year for the world and for every individual, in which Covid-19 overshadowed everything, Deutsche Börse has reliably delivered strong results," said CEO Theodor Weimer.

The former head of Hypovereinsbank has been leading the group since the beginning of 2018 and has positioned it even broader and trimmed it for sustainable growth.

The results of last year show the resilience and robustness of the business model in difficult times.

Weimer wants to further increase revenues and profits in accordance with the targets presented in autumn 2020.

In the context of this medium-term forecast, net sales are expected to increase to around 3.5 billion euros in the current year - this would be an increase of almost ten percent again.

Around half of this should come from our own resources - i.e. without a tailwind from the markets or takeovers.

Deutsche Börse expects earnings before interest, taxes, depreciation and amortization (Ebitda) to rise to around two billion euros.

In 2020 the operating profit climbed by twelve percent to 1.88 billion euros.

By 2023, revenues are expected to increase to around 4.3 billion euros.

Around half of the plus should come from acquisitions (M&A).

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© dpa-infocom, dpa: 210210-99-387072 / 2

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