Trading Statement including revenues and KPIs for the three months ended 30 September 2018 (Q3)
19 October 2018
Revenues for three months and nine months ended 30 September 2018 refer to continuing operations, with comparatives against performance for the same period last year, are provided below. Growth rates for both Q3 and year to date performance are also expressed on an organic and constant currency basis. All figures are unaudited.
|Three months ended||and constant|
|Post Trade Services - LCH||120||114||5%||6%|
|Post Trade Services - CC&G and Monte Titoli||25||26||(7%)||(5%)|
|Net treasury income through CCP businesses||57||42||36%||35%|
|Cost of sales||(57)||(56)||1%||12%|
|Nine months ended||and constant|
|Post Trade Services - LCH||357||321||11%||11%|
|Post Trade Services - CC&G and Monte Titoli||77||82||(6%)||(7%)|
|Net treasury income through CCP businesses||160||117||37%||37%|
|Cost of sales||(163)||(158)||3%||12%|
1 Organic growth is calculated in respect of businesses owned for at least 9 months in either period and so excludes ISPS, The Yield Book and Citi Fixed Income Indices, 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.
Note: Variances in all tables are calculated from underlying numbers