Euromoney Institutional Investor, the publisher of Euromoney magazine, reported 6% revenue growth and the disposal of its stake in Dealogic for $135m (£101.9m).
In its preliminary statement on its full-year results, the company said total adjusted revenues rose 6% to £428.4m in its 2017 financial year ending 30 September.
Other adjusted full-year highlights
- Adjusted operating profit rose 6% to £107.1m
- Adjusted profit before tax was up 4% to £106.5m
- Adjusted diluted earnings a share rose 15% to 76.4p
- Final dividend up 33% to 21.8p a share
Andrew Rashbass, chief executive (left), said: "Improving market conditions for banking and commodities together with cutting low-margin training courses and events helped mitigate the cyclical headwinds that affected, and continue to affect, our asset management businesses particularly in the second half.
"While a near term challenge, we still believe asset management will be a long term driver for the business. As flagged at the half year, the Board has changed the Company's dividend policy to increase the pay-out to approximately 40% of adjusted after-tax earnings each year.
"2017 has been a year of transition and as we enter a new financial year, it remains our view that, subject to the usual caveats, Euromoney remains on track to return to underlying growth in 2018."