2020 Q1 Summary

Trading Statement including revenues and KPIs for the three months ended 31 March 2020 (Q1)

21 April 2020

Revenues for three months ended 31 March 2020, referring to continuing operations, with comparatives against performance for the same period last year, are provided below. Growth rates for Q1 performance are also expressed on an organic and constant currency basis. All figures are unaudited.

 


Three months ended Organic and constant currency variance1
31 March

Continuing operations

2020 2019 Variance

Revenue

£m

£m

%

%

Information Services

215

201

7%

6%

Post Trade 

192

172

12%

13%

Capital Markets

112

97

15%

16%

Technology Services

14

14

-

-

Other

2

2

-

-

Total revenue

535

486

10%

10%

Net treasury income through CCP businesses:

79

59

34%

34%

Other income

1

1

-

-

Total income

615

546

13%

13%

Cost of Sales

(60)

(56)

8%

9%

Gross profit

555

490

13%

13%

1 Organic growth is calculated in respect of businesses owned for at least the full 3 months in either period and excludes Beyond Ratings.

The Group’s principal foreign exchange exposure arises from translating and revaluing its foreign currency earnings, assets and liabilities into LSEG’s reporting currency of Sterling