Legal & General profits double

Thursday 14 September 1995 23:02 BST

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Legal & General profits double

Legal & General, one of the UK's largest insurers, announced a near-doubling of pre-tax profits, up to pounds 117m in the six months of 1995. But it admitted that a large part of its profits were related to better stock market performance. L&G lifted its interim dividend by 10.8 per cent, to 7.7p a share. The shares rose18p to 565p.

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