Thomson Reuters reported an underlying rise in operating profits of 11 per cent year on year, aided by cost cuts, as the company said results reflected the resilience of its business model.

The company said second-quarter underlying operating profit was $793m, up from $713m, over the same period the previous year.

Overall revenue rose five per cent from $3.1bn in the three months to the end of June last year to $3.3bn in the same period this year.