2019 analyst consensus

London Stock Exchange Group plc will release Preliminary results, for the year ended 31 December 2019, on 28 February 2020

 

2019 analyst consensus

£m

Revenue

Average

Low

High

Information Services

906

901

915

Post Trade Services - LCH

549

543

558

Post Trade Services - CC&G and Monte Titoli

105

103

106

Capital Markets

424

395

433

Technology Services

64

61

76

Other revenue

9

5

16

Total revenue

2,055

2,026

2,082

Net treasury income through CCP business:

247

238

253

Other income

6

3

12

Total income

2,308

2,276

2,345

Cost of Sales

(225)

(235)

(219)

Gross profit

2,083

2,052

2,111

Operating expenses

(835)

(865)

(819)

Income from equity investments and share of (loss)/profit of associates

(5)

(10)

            0

 

 

 

Earnings before interest, tax, depreciation and amortisation

1,244

1,230

1,277

Depreciation

(189)

(198)

(174)

Adjusted operating profit

1,055

1,038

1,082

Net finance expense

(69)

(74)

(63)

Tax

(228)

(242)

(202)

Effective tax rate

23.1%

23.9%

20.8%

Non-controlling interest

(54)

(80)

(38)

 

 

 

 

Adjusted profit for the year

704

684

728

 

 

 

Adjusted basic EPS

202.6

196.8

209.1

Dividend for the period (p)

68.3

62.0

72.6

Sources and bases:

The figures have been collected from 13 analysts and consists of published and so far unpublished data on a consistent basis.

We have included all available broker estimates since the 2019 Q3 Trading Statement (18 October 2019).

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