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LSE posts 19.5 percent rise in first-half profit

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LSE posts 19.5 percent rise in first-half profit

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(Reuters) – London Stock Exchange Group Plc <LSE.L> reported a 19.5 percent rise in first-half adjusted operating profit, helped by a strong performance in its clearing and FTSE Russell indexes businesses. LSE, which is exploring investments to drive growth after the collapse of its proposed merger with Deutsche Boerse <DBIGn.DE>, said adjusted operating profit rose to 398 million pounds($526.32 million) in the six months ended June 30, from 333 million pounds, a year earlier. Revenue rose 18.1 percent to 853 million pounds.

(Reporting by Noor Zainab Hussain and Arathay Nair in Bengaluru; Editing by Rachel Armstrong)
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