Fidessa trading in line for year

Trading systems developer Fidessa reported a resilient interim performance yesterday, despite tough market conditions, and the firm expects full year results to be in line with expectations. Adjusted operating profit rose to £21.1m for the six months ended 30 June from £19.5m a year before. Revenue increased to £137m from £128.5m a year earlier. Pre-tax profit climbed to £20.9m, from £19.5m a year before.