CY 2018 H1 analyst consensus

London Stock Exchange Group plc will release H1 Interim results for the period ended 30 June 2018 on 2 August 2018

CY 2018 H1 analyst consensus

Consensus from 13 analysts

£m

Revenue

Average Low High
Information Services 411 403 418
Post Trade Services - LCH 239 236 245
Post Trade Services - CC&G and Monte Titoli 57 56 60
Capital Markets 212 209 217
Technology Services 27 25 28
Other 5 4 7
Total revenue 951 942 958
Net treasury income through CCP business: 97 91 99
Other income 7 0 16
Total income 1,054 1,046 1,061
Cost of Sales (113) (111) (117)
Gross profit 940 934 948
Operating expenses (419) (413) (429)
Operating profit/(loss) of associates (1) (3) 0
 
Earnings before interest, tax, depreciation and amortisation 521 516 531
Depreciation (62) (48) (66)
Adjusted operating profit 459 453 476
     
Adjusted Net Profit 291 280 304
   
AEPS basic (p) 84.3 81.7 88.1
 
Dividend for the period (p) 17.0 15.9 17.8

Sources and bases: 

The figures have been collected from thirteen analysts and consists of published and so far unpublished data on a consistent basis

We have included all available broker estimates since the 2018 Q1 Trading Statement (issued 24 April 2018)

CY 2018 H1 analyst consensus has been calculated based on the following:

  • BAML (3 July)

  • Barclays (21 June)
  • Berenberg (12 June)
  • Citi (12 June)

  • Credit Suisse (25 July)

  • Deutsche Bank (23 July)
  • Exane BNP Paribas (10 July)

  • HSBC (18 July)
  • JPM Cazenove (6 July)

  • KBW (12 July)

  • Morgan Stanley (4 July)
  • RBC (26 July)

  • UBS (3 July)

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.


Conference call - including Q&A

A conference call will be held for analysts and investors at 08:30 (UK time) on Thursday 2nd August 2018.  On the call will be David Warren (CFO) and Paul Froud (Head of Investor Relations).

  • To access the Telephone conference call dial 0800 376 7922 or +44 (0) 2071 928 000,  Conference ID  518 9224
  • We recommend that participants start to dial in 5-10 minutes prior to ensure a timely start to the conference call
  • Please be ready to state the name for the conference that you would like to attend (London Stock Exchange Interims / Conference ID 518 9224). You will be asked for your details, such as name and company name, before being connected to the conference 
  • A short summary of the Interim results will be provided, followed by time for Q&A