2020 Q3 Summary

Trading Statement including revenues and KPIs for the three months ended 30 September 2020 (Q3)

23 October 2020

Revenues for three months ended 30 September 2020, referring to continuing operations, with comparatives against performance for the same period last year, are provided below. Growth rates for Q3 performance are also expressed on an organic and constant currency basis. All figures are unaudited.

 


Three months ended Organic and constant currency variance1
30 September

Continuing operations

2020 2019 Variance

Revenue

£m

£m

%

%

Information Services

223

220

1%

4%

Post Trade 

183

181

2%

2%

Capital Markets

102

102

-

-

Technology Services

15

16

(6%)

(5%)

Other

1

2

-

-

Total revenue

524

521

1%

2%

Net treasury income through CCP businesses:

76

65

16%

17%

Other income

-

1

-

-

Total income

600

587

2%

3%

Cost of Sales

(49)

(58)

(16%)

(15%)

Gross profit

551

529

4%

5%

1 Organic growth is calculated in respect of businesses owned for at least 9 months in either period so excludes Beyond Ratings (acquired June 2019)

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