Cost savings help ISE record 35% jump in pre-tax profit to €6.3m

The Irish Stock Exchange reported a 35% increase in 2012 pre-tax profit to €6.3m, driven by cost savings over the 12-month period.

There was a 4% decline in overall revenue from €21.3m in 2011 to €20.4m in 2012.

The Irish market has been hit by a precipitous slide in equity marketactivity over the past six years.