NEX Group 1Q Revenue Grows on Divisional Performance, Forex Hedges
11 July 2018 - 5:07PM
Dow Jones News
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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