Deutsche Börse AG reported that earnings rose to a new record in the first quarter of financial year 2007.

Sales revenue were up 17% to €543.1 million, and a further €46.1 million was generated from net interest income. EBITA rose to a new record of €300.3 million in Q1, also up by 17%.

Costs in the first quarter included expenses of around €18 million relating to the departure of executive board members and the development and implementation of a new management structure; an additional €33 million was allocated to provisions for the company’s stock option program due to the steep increase in the price of the exchange’s shares in the first quarter.

“The first quarter provides impressive proof of the earnings power of our business model. Structural growth drivers in all business areas, coupled with increased volatility on the global markets contributed to the strong increase in revenue. Despite extraordinary effects on costs, EBITA and net income reached new record levels,” said Deutsche Börse’s CEO Reto Francioni.