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Deutsche Boerse Q4 profits up 6.3 percent

Tuesday - 2/19/2013, 3:41pm  ET

FRANKFURT, Germany (AP) -- Deutsche Boerse AG says its fourth-quarter net profit rose 6.3 percent to EUR152.7 million ($203.84 million), but that its full-year earnings fell almost 25 percent.

The Frankfurt, Germany-based exchange operator had reported a profit of EUR143.7 million for the same quarter of 2011.

It said in a statement Tuesday that full-year earnings for 2012 were down to EUR645 million from EUR855.2 million a year earlier.

The company has suffered the effects of weak trading volumes as investors remain cautious about the state of eurozone economies.

Deutsche Boerse was blocked by European regulators earlier this year from purchasing rival NYSE Euronext.


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