London Stock Exchange Group 1st Half Pretax Profit Nearly Doubled
August 06 2021 - 2:33AM
Dow Jones News
By Sabela Ojea
London Stock Exchange Group PLC reported Friday a nearly doubled
pretax profit for the first half of 2021 and said it is confident
in meeting its financial targets.
The stock-exchange and financial-information company posted a
pretax profit of 510 million pounds ($710.3 million) compared with
GBP262 million for the same period a year earlier.
Revenue rose to GBP2.99 billion from GBP877 million for the
year-earlier period.
The board declared an interim dividend of 25.0 pence a share, up
from 23.3 pence a share for the same period in 2020.
"We...are highly focused on continued execution to maintain the
good momentum into the second half and future years. We are
executing on a detailed integration and transformation plan to
create a simplified and scalable business, and we are ahead of
plan," the London-listed company said.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
August 06, 2021 02:27 ET (06:27 GMT)
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