2016 H1 analyst consensus

London Stock Exchange Group plc will release Interim results for the six months ended 30 June 2016 on 4 August 2016

CY 2016 H1 analyst consensus

Consensus from 5 analysts

£m

Revenue


 


Average


High


Low

Capital Markets


174.2


181.2


153.2

Post Trade Services - CC&G and Monte Titoli


45.7


47.1


42.2

Post Trade Services - LCH.Clearnet


168.3


172.4


161.9

Information Services


281.3


286.5


267.4

Technology Services


34.1


35.8


31.4

Other


 


2.0


2.2


1.8

Total revenue


 


705.7


721.7


658.3

Net treasury income through CCP business:


52.8


57.8


49.1

Other income


2.0


3.8


0.8

Total income


 


760.5


776.4


710.6

Operating expenses


-426.6


-416.9


-434.1

Adjusted Operating profit


 


334.0


359.5


280.3

Adjusted Net Profit


 


209.1


215.5


196.7

EPS basic adjusted


 


60.0


61.9


55.7

Dividend for the period (p)


12.6


15.4


10.8

Sources and bases:

 

The figures have been collected from five analysts and consists of published and so far unpublished data on a consistent basis for continuing operations only (excluding Russell Investment Management)

 

We have included all available broker estimates since the 2016 Q1 Interim Management Statement (issued 27 April 2016)

 

CY 2016 H1 analyst consensus has been calculated based on the following:

  • Credit Suisse (12 July 2016) – underlying model
  • KBW (12 July 2016) – underlying model
  • Exane BNP Paribas (1 July 2016) – underlying model
  • Macquarie (6 June 2016) – underlying model
  • Morgan Stanley (26 May 2016) – underlying model

 

 The following analysts have been excluded because they have not published estimates on a comparable HY basis:

  • AlphaValue (4 May 2016)
  • Morningstar (8 Jun 2016)

 

Please note that any opinions, estimates or forecasts regarding London Stock Exchange performance made by the contributing analysts to the above consensus are theirs alone and are not endorsed by the company.

 

 

Conference call

The Group will host a conference call of its Interim Results for analysts and institutional shareholders on 4 August at 09:00am. On the call will be Xavier Rolet (CEO), David Warren (CFO) and Paul Froud (Head of Investor Relations).

To access the Telephone conference call dial 0800 953 1289 or +44 (0) 203 009 5710,  Conference ID  5637 5879