Trading Statement including revenues and KPIs for the three months ended 31 March 2018 (Q1)
Revenues for three months ended 31 March 2018 refer 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||and constant|
|Post Trade Services - LCH||118||106||12%||13%|
|Post Trade Services - CC&G and Monte Titoli||28||28||0%||(2%)|
|Net treasury income through CCP businesses||48||34||41%||43%|
|Cost of sales||(56)||(51)||9%||21%|
(1) Organic growth is calculated in respect of businesses owned for at least the full 3 months in either period and excludes The Yield Book and Citi Fixed Income Indices, ISPS, MillenniumIT ESP and Exactpro. The Group’s principal foreign exchange exposure arises from translating our European based euro and US based USD reporting businesses into sterling.