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Deutsche Börse unveils Horizon 2026 strategy for growth and digitization

Published Nov 09, 2023 03:46
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Deutsche Börse AG has announced its Horizon 2026 strategy, a plan that targets an average annual revenue increase of 10% through organic growth and the acquisition of SimCorp. The announcement was made on Wednesday, with the company detailing its ambitious plans for the next three years.

The strategy involves the creation of a new IMS segment, which will amalgamate ISS, STOXX, Axioma, and SimCorp. The integration of these entities is expected to substantially enhance Deutsche Börse's EBITDA via synergies and cost efficiencies nearing €90 million ($101 million), while also generating recurring revenues. The integration of SimCorp and Axioma is slated for Q1 2024.

Earlier on October 7, ISS had integrated Qontigo’s index business into the ISS STOXX group, marking the first step towards the formation of the new IMS segment.

In addition to these structural changes, Deutsche Börse plans to strengthen its digital solutions leadership by focusing on cloud usage, Clearstream’s D7 platform, and a new digital asset classes trading platform.

The company's capital management plan involves a €300 million ($338 million) share buy-back operation and aims for a 30-40% dividend payout from net profit to shareholders.

CEO Theodor Weimer highlighted that the evolution of the Horizon 2026 strategy is rooted in organic growth, successful implementation of IMS, and digitization of asset classes. The company expects that these strategic moves will uplift its revenues by 2026.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Deutsche Börse unveils Horizon 2026 strategy for growth and digitization
 

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