By Oliver Griffin

 

NEX Group PLC (NXG.LN) said Wednesday that revenue for the first quarter of fiscal 2019 is expected to increase by 3%, citing divisional performance and foreign-exchange hedges.

In a statement ahead of the company's annual general meeting, Chief Executive Michael Spencer said the company has had a solid start to the year and that its acquisition by CME Group Inc. (CME) remains on track to complete in the second half of the year.

Revenue on a constant-currency basis for the three months ended June 30 rose 7%, Mr. Spencer said.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

July 11, 2018 02:52 ET (06:52 GMT)

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