The stock exchange operator and financial data provider London Stock Exchange (LSE) continues to benefit from lively business on the financial markets and a high demand for data.
In the first half of the year, profit and sales increased strongly at London Stock Exchange (LSE). The result of the company listed in Stoxx 50 (Stoxx Europe 50) was also better than expected. The turnover, on the other hand, remained somewhat behind the expectations. CEO David Schwimmer also announced a further buyback of his own shares for a billion British pound (almost 1.2 billion euros) and increased the margin forecast. The growth goal was confirmed.
In the first six months, sales increased by six percent to £ 4.7 billion compared to the previous year, as the competitor of the competitor of the (German Stock Exchange in London on Thursday. Organically – so adjusted for takeover and exchange rate effects – was growing 7.5 percent. Before taxes, the group earned a billion euros.
LSE share temporarily releases 4.55 percent in London to 96.00 GBP.
London (dpa-Afx)
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