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LSEG London Stock Exchange Group Plc

9,180.00
-128.00 (-1.38%)
08 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
  -128.00 -1.38% 9,180.00 9,196.00 9,200.00 9,326.00 9,192.00 9,316.00 879,782 16:35:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Admin-gen Economic Programs 8.06B 761M 1.4061 65.41 49.78B

London Stock Exchange Group 2019 Pretax Profit Fell

28/02/2020 8:05am

Dow Jones News


London Stock Exchange (LSE:LSEG)
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From May 2019 to May 2024

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By Adria Calatayud

 

London Stock Exchange Group PLC said Friday that pretax profit fell on higher costs, and that it remains on track to close its proposed acquisition of data provider Refinitiv in the second half of the year.

The U.K. exchange operator, which is in the process of acquiring data-provider Refinitiv, made a pretax profit of 651 million pounds ($839.7 million) compared with GBP685 million in 2018. Net profit fell to GBP417 million from GBP480 million a year before.

Excluding nonunderyling items, the owner of the London and Milan bourses said pretax profit rose to GBP994 million last year from GBP865 million in 2018.

LSE Group's revenue climbed to GBP2.06 billion in 2019 from GBP1.91 billion a year before, matching analysts' consensus expectations. Revenue from the FTSE Russell index business rose 6% on a constant-currency basis, while LCH over-the-counter clearing revenue was up 13% on the same basis.

The board declared a final dividend of 49.9 pence a share, up from 43.2 pence share in 2018.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

February 28, 2020 02:50 ET (07:50 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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