LONDON: London Stock Exchange Group, which recently failed in a bid to merge with its Toronto counterpart, said on Wednesday that income grew 14 percent during the company's first quarter.
Income rose to £190.2 million (217 million euros, $307 million) in the three months to June 30 compared with the figure for the equivalent period in 2010, the LSE Group said in a statement.
"With an increase in total income of 14 percent and growth in many business areas, these strong first quarter results confirm that we continue to make good progress," LSE Group chief executive Xavier Rolet said.
"We remain focused on developing the business, including initiatives in derivatives, fixed income and technology sales. Other projects are in development and we will continue to assess a range of options to deliver further growth and shareholder value."
Last month, LSE Group's plan to merge with the Toronto Stock Exchange collapsed after the pair failed to win the support of two-thirds of their shareholders for a deal worth US$3.8 billion.
LSE Group, which runs the London and Milan stock exchanges, had been looking to create a global giant rivaling NYSE Euronext and Deutsche Boerse, which are merging their operations.
Copyright AFP (Agence France-Presse), 2011
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