IHS Markit, the London-based data and analytics company, said it "hit the ground running" in the opening month of its new financial year, and reported stable fourth-quarter net profit.

The company, created by the merger of IHS and Markit in 2016, reported a net profit of $89.3 million in the three months ended November 30, down from $90.5 million a year earlier, according to a January 17 statement.