Deutsche Börse AG Earnings Call Transcript

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Deutsche Börse AG (OTCPK:DBOEY) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET

Company Participants

Jan Strecker - Director, IR
Theodor Weimer - CEO
Gregor Pottmeyer - CFO

Conference Call Participants

Johannes Thormann - HSBC
Andrew Coombs - Citi
Arnaud Giblat - BNP Paribas Exane
Benjamin Goy - Deutsche Bank
Michael Werner - UBS
Enrico Bolzoni - JPMorgan
Hubert Lam - Bank of America
Tobias Lukesch - Kepler Cheuvreux
Ian White - Autonomous Research
Bruce Hamilton - Morgan Stanley
Benjamin Bathurst - RBC
Roland Pfander - ODDO BHF
Tom Mills - Jefferies

Operator

Good afternoon, ladies and gentlemen, and welcome to the Deutsche Börse AG Analyst and Investor Conference Call regarding the Q2 2024 Results. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation.

Let me now turn the floor over to Jan Strecker.

Jan Strecker

Welcome, ladies and gentlemen, and thank you for joining us today to go through our second quarter 2024 results. With me are Theodor Weimer, Chief Executive Officer; and Gregor Pottmeyer, Chief Financial Officer. Theodor and Gregor will take you through the presentation. And afterwards, we will be happy to take your questions.

The link to the presentation material for this call has been sent out via e-mail, and it can also be downloaded from the Investor Relations section of our website. As usual, this conference call is recorded and will be available for replay afterwards.

With this, let me now hand over to you, Theodor.

Theodor Weimer

Thank you, Jan. Welcome ladies and gentlemen. With the first quarter results, we already achieved a good start into the year, very solid net revenue growth, especially in Software Solutions, paired with moderate operating cost growth, resulted in good organic operating leverage and EBITDA growth overall.