2020 H1 Analyst Consensus

London Stock Exchange Group plc will release its Interim results, for the six months ended 30 June 2020, on 31 July 2020

2020 H1 analyst consensus

£m

Revenue

Average

Low

High

Information Services

429

420

435

Post Trade

376

363

383

Capital Markets

213

202

223

Technology Services

30

28

31

Other revenue

4

4

5

Total revenue

1,052

1,034

1,070

Net treasury income through CCP business:

155

146

166

Other income

2

1

4

Total income

1,209

1,190

1,238

Cost of Sales

(115)

(121)

(109)

Gross profit

1,094

1,070

1,118

Operating expenses

(413)

(437)

(400)

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

(2)

(4)

            2

 

 

 

Earnings before interest, tax, depreciation and amortisation

678

646

702

Depreciation

(114)

(119)

(99)

Adjusted operating profit

564

527

589

Net finance expense

(27)

(33)

(23)

Tax

(121)

(126)

(110)

Effective tax rate

22.5%

23.1%

21.5%

Non-controlling interest

(31)

(39)

(21)

 

 

 

 

Adjusted profit for the year

386

356

401

 

 

 

Adjusted basic EPS

110.5

102.3

115.1

Dividend for the period (p)

23.1

20.1

25.0

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The figures have been collected from 13 analysts and consists of published and so far unpublished data on a consistent basis.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 2020 Q1 Trading Statement (21 April 2020).

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.

H1 Conference Call:

The Group will host a conference call for analysts and investors on 31 July 2020 at 08:30am (UK time).  On the call to discuss the H1 results will be David Schwimmer (CEO), David Warren (CFO) and Paul Froud (Group Head of Investor Relations). 

To access the telephone conference call please pre-register using the following link and instructions below: https://cossprereg.btci.com/prereg/key.process?key=P7C9K8NDA

Please register in advance of the conference using the link above. Upon registering with your full name, company name and email address, you will be provided with the information required to join the conference, including dial-in numbers and passcode In the 10 minutes prior to the call start time, you will need to use the conference access information provided in the email received at the point of registering

For further information, please call the Group’s Investor Relations team on +44 (0) 20 7797 3322