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LSEG London Stock Exchange Group Plc

8,840.00
-6.00 (-0.07%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
London Stock Exchange Group Plc LSE:LSEG London Ordinary Share GB00B0SWJX34 ORD SHS 6 79/86P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.00 -0.07% 8,840.00 8,824.00 8,830.00 8,844.00 8,748.00 8,818.00 690,329 16:35:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Admin-gen Economic Programs 8.06B 761M 1.4061 62.76 47.76B

London Stock Exchange 2022 Pretax Profit Rose on Lower Costs, Raises Dividend

02/03/2023 8:04am

Dow Jones News


London Stock Exchange (LSE:LSEG)
Historical Stock Chart


From May 2022 to May 2024

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By Michael Susin

 

London Stock Exchange Group PLC said Thursday that pretax profit for 2022 rose on the back of lower costs and supported by positive progress across all divisions, and raised its dividend.

The FTSE 100 stock-exchange and financial-information company reported a pretax profit of 1.24 billion pounds ($1.49 billion) compared with GBP894 million in 2021.

Adjusted earnings before interest, taxes, depreciation and amortization--a metric that strips out exceptional and other one-off items--rose to GBP3.55 billion from GBP2.97 billion.

The group's total income excluding recoveries rose to GBP7.43 billion from GBP6.21 billion for the prior year. Total income was expected to be GBP7.40 billion, according to the group's compiled forecasts.

The board declared a total dividend for the full year of 107.0 pence a share, compared with 95 pence a share in 2021.

The company expects 2023 revenue growth at constant currency to be between 6% and 8%, while the adjusted Ebitda margin is expected to be at around 48%.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

March 02, 2023 02:49 ET (07:49 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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