2017 Q1 Revenue Summary
Revenues for three months ended 31 March 2017 refer to continuing operations, with comparatives against performance for the same period last year. Growth rates for Q1 are also expressed on an organic and constant currency basis. All figures are unaudited.
|Three months ended||constant|
|Post Trade Services - CC&G and Monte Titoli||27.7||23.5||18%||6%|
|Post Trade Services - LCH||105.7||84.3||25%||17%|
|Net treasury income through CCP businesses||34.0||27.9||22%||9%|
|Cost of sales||(49.6)||(34.4)||44%||27%|
1Organic growth is calculated in respect of businesses owned for at least the full 3 months in either period and excludes Russell Investment Management, SwapMatch, Mergent and ISPS. The Group’s principal foreign exchange exposure arises from translating our European based euro and US based USD reporting businesses into sterling.