Reuters Hits Earnings Plateau Despite Growth Of FX Systems

Reuters Holdings PLC earnings appears to have hit a plateau, given its most recent half-year report. Although Reuters managed to post a modest gain in pre-tax profit in the first half of the year, the increase was largely attributed to the strength of the pound, which contributed £8 million to its bottom line. Outright sales revenue actually slipped despite the apparent growth of its FX Dealing systems.

Though Reuters is pumping an increasing amount of money out of its FX transaction systems, it