London Stock Exchange Group has estimated that profit before tax amounted to £ 623.1 m in 2016 , from £ 516.4 m a year ago .. The group claimed profits in growth and efficiency had reached £ 792 m , contributing a 4 % rise in operating costs on an organic and constant currency basis . Additionally , FTSE Russell delivered strong growth and continued to drive cost savings from its combined revenues to meet its € 40 m ( $ 42 m ) annual target by the end of 2017 .
London Stock Exchange Group has said that profit before tax rose to £623.1m in 2016, from £516.4m a year ago.. The group claimed investment in growth and efficiency projects reached £792m, contributing a 4% rise in operating expenses on an organic and constant currency basis. Additionally, FTSE Russell delivered strong growth and continued to drive cost savings from its combined indexes to meet its €40m ($42m) annual target by the end of 2017.