Saturday March 28, 2020

Irish Stock Exchange profit hit by pension charge

The Irish Stock Exchange's pre-tax profit fell by €900,000 to €4.6 million last year after a once-off pension charge of €2 million.

11th June, 2012
Irish Stock Exchange reports pre-tax profits of €4.6 million

The Irish Stock Exchange's pre-tax profit fell by €900,000 to €4.6 million last year after a once-off pension charge of €2 million.

This resulted from the decision to close its defined benefit pension scheme last year, replacing it with a defined contribution plan.

Revenues rose by 4 per cent to €21.3 million, the ISE said. Of this, it earned €13.7 million, or 64 per cent of the total, from listing international funds and debt securities....

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