Canada.- Thomson Reuters multiplies its profits by 26 until March from the sale of Refinitiv to LSEG

MADRID, 4 (EUROPA PRESS)

The Canadian company Thomson Reuters multiplied its net attributable profit in the first quarter by 26, to 5,036 million dollars (4,191.7 million euros) due to the atypical impact at the accounting level of the sale of Refinitiv to the London Stock Exchange, according to has reported this Tuesday in a statement.

The company has explained that it received 8.1 billion dollars (6,741.9 million euros) for the transaction and that it obtained them in the form of a dividend, since it holds 15% of the capital stock of the company that owns the London Stock Exchange.

The company’s turnover until March was 1,570 million dollars (1,315.9 million euros), 4% more. By business segment, the division of services for professionals in the field of Law grew by 7%, to 668 million dollars (556 million euros), while services to companies grew by 5%, to 384 million (319.6 millions of euros).

Products and services focused on tax and accounting professionals grew 3%, to 225 million (187.3 million euros), while the division of publications and manuals for professionals contracted 7%, to 143 million (119 million euros). of euros). Reuters News, which groups the company’s business as a news agency, grew by 3%, reaching a turnover of 160 million dollars (133.2 million euros).

Thomson Reuters operating expenses between January and March were $ 1,018 million (€ 847 million), practically the same figure as a year earlier.

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