Summary

Trading Statement including Revenues and KPIs for the three months ended 30 September 2019 (Q3)

18 October 2019

Revenues for three months and nine months ended 30 September 2019 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 a constant currency basis. Income in all periods is on an organic basis as there has been no inorganic income. All figures are unaudited.

Three months ended Constant
30 September currency
2019 2018 Variance variance
Continuing operations: £m £m % %
Revenue
Information Services
230 212 9% 5%
Post Trade Services - LCH 144 120 20% 19%
Post Trade Services - CC&G and Monte Titoli 27 25 8% 6%
Capital Markets
102 89 14% 14%
Technology Services
16 16 2% 1%
Other 2 2 - -
Total revenue 521 464 12% 10%
Net treasury income through CCP businesses 65 57 15% 13%
Other income 1 1 - -
Total income 587 522 12% 10%
Cost of sales (58) (57) 2% -
Gross profit 529 465 14% 11%

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.