Newry firm First Derivatives' profits up 27%

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First Derivatives
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First Derivatives is one of only two companies in Northern Ireland that are publicly listed

The half year results of one of Northern Ireland's few publicly listed companies, First Derivatives, show profit before tax up 27% at £4.6m.

That compares to £3.7m for the same period last year.

The Newry-based financial technology firm saw revenue rise 44% to £53.8m for the six months to the end of August

First Derivatives has bought a number of other firms over the last year, including ActivateClients and Affinity systems.

They employ more than 1,500 people around the world.