Record Performance as a Foundation for Transformation

CEO Stephan Leithner highlights a milestone year for Deutsche Börse Group following the Annual Press Conference, where the Group reported the strongest financial performance in its history. With record-high net revenue, EBITDA, and earnings per share, the results underscore the robustness of the business model and the Group’s ability to deliver growth in a challenging market environment.

The 2025 financial year marked a record across key performance indicators. Net revenue excluding the treasury result grew by 9 percent, while EBITDA without the treasury result increased by 14 percent. On the basis of this strong performance, Deutsche Börse Group again proposed a dividend increase and announced the start of the next share buyback program, reinforcing its commitment to sustainable shareholder returns.

Strength of a Diversified Business Model

These results reflect the resilience and scalability of Deutsche Börse Group’s diversified business portfolio. Despite market headwinds, five of the Group’s eight businesses delivered double-digit growth, demonstrating the balance and earnings power embedded across the portfolio. This broad-based performance highlights the effectiveness of the integrated business model and its ability to capture opportunities across market cycles.

The achievements are also a reflection of the strong commitment and expertise of the Group’s #CapitalMarketsEngineers. Their contribution has been instrumental in translating strategic focus into financial results, even under complex market conditions.

A Platform for ‘Leading the Transformation’

The record performance in 2025 provides a solid foundation for the Group’s new “Leading the Transformation” strategy. In an era characterized by fundamental change, Deutsche Börse Group positions itself as a reliable and innovative partner for critical financial market infrastructure, both in Europe and globally. Building on this momentum, the Group aims to continue shaping the financial markets of the future, combining operational strength with strategic ambition to support long-term growth.

This Insight article is based on the LinkedIn article published by Stephan Leithner on February 12.