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London Stock Exchange's profit driven by most IPOs since 2007

2014 was its busiest for initial public offerings in seven years on the London Stock Exchange
2014 was its busiest for initial public offerings in seven years on the London Stock Exchange

The London Stock Exchange Group today reported a 19% jump in adjusted full-year pretax profit, helped by a flurry of stock market listings last year. 

2014 was its busiest for initial public offerings in seven years.

The 214-year old bourse said adjusted pretax profit rose to £491.7m in the year ended December 31.