London Stock Exchange first-half pretax net up 79%

By Ian Walker

LONDON (MarketWatch) -- The London Stock Exchange Group said Wednesday it saw good growth across all four of its key business divisions in 2011 delivering a 79% uplift in profit before tax for the first half financial year 2012.

MAIN FACTS:

-Total IPO money raised during year was GBP12.6 billion, a 27% increase on 2010 (GBP9.9 billion).

-Order book for Retail Bonds raised over GBP860 million in only its second year of operation.

-Remains focused on diversifying our business, driving organic and inorganic opportunities, working with customers and leveraging on our assets.

-2012 promises to be another exciting year.

-Shares at 1045 GMT up 1 pence, or 0.1%, at 787 pence valuing the company at GBP2.13 billion.

Source: http://www.marketwatch.com/news/story/london-stock-exchange-first-half-pretax/story.aspx?guid=%7B6DE22D49-4357-43CA-BE25-638B3A149004%7D&siteid=rss

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