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BRIEF-Euromoney Institutional Investor H1 pretax profit 15.6 million stg
May 18, 2017 / 6:33 AM / in 6 months

BRIEF-Euromoney Institutional Investor H1 pretax profit 15.6 million stg

May 18 (Reuters) - Euromoney Institutional Investor Plc :

* H1 revenue 203.2 million stg

* Interim dividend up 26 percent to 8.8 penceper share

* H1 pretax profit 15.6 million stg

* “progress we are seeing gives us confidence that we will meet board’s expectations for full year”

* Board changed its dividend policy to increase dividend to approximately 40% of adjusted earnings each year

* Expect to deliver a full year performance in line with board’s expectations

* Outlook for commodities and banking markets is improving whereas asset management sector is now facing headwinds

* Currency remains a tailwind at moment Source text for Eikon: Further company coverage:

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