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FRANKFURT, Nov 8: German stock market operator Deutsche Boerse will easily surpass its earnings targets for 2005, finance chief Mathias Hlubek said on Tuesday. “With the third quarter of this year being another record quarter for the company and with no real slowdown of business activity in October, we expect to be able to exceed our target (for operating profit) by some margin,” Hlubek told a conference call with analysts.
Deutsche Boerse, which operates the Frankfurt stock market, was so far targeting earnings before interest, tax and amortisation (EBITA) of at least 630 million euros in 2005.—AFP
