Deutsche Boerse third-quarter profit falls

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Deutsche Boerse AG said late Wednesday that its third-quarter profit fell, but it confirmed its profit guidance for the year.

The German stock-exchange operator said quarterly net profit fell 9% to 227.1 million euros ($266.8 million).

Total revenue fell 2% to EUR813.6 million.

The company confirmed its profit guidance for the year, forecasting adjusted net profit of about EUR1.20 billion.

“Amongst other factors this is subject to an increase of market activity in the fourth quarter,” it said.



Source : MTV