London Stock Exchange Group H1 Pretax Profit Declines; Revenue Up 44%
LONDON (dpa-AFX) - London Stock Exchange Group PLC (LSE.L) reported pretax profit of 116.0 million pounds for the six months ended 30 September 2013, compared to 165.4 million pounds, prior year. Profit to equity holders was 67.1 million pounds or 24.6 pence per share, compared to 116.0 million pounds or 42.4 pence per share, a year ago. Adjusted earnings per share for the period was 47.7 pence, compared to 51.0 pence, previous year.
Operating profit before amortisation of purchased intangible assets and non-recurring items was 227.9 million pounds, compared to 217.2 million pounds, previous year.
Revenue increased year-over-year to 504.2 million pounds, from 349.8 million pounds.
The Directors of London Stock Exchange Group declared an interim dividend of 10.1 pence per share, an increase of 4 percent on the interim dividend paid last year. The interim dividend will be paid on 6 January 2014 to shareholders on the register on 6 December 2013.
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