2021 H1 analyst consensus and results webcast details

2021 H1 analyst consensus and results webcast details

LSEG plc will release its 2021 Interim (H1) results on 6 August 2021 at 07:00am UK time via RNS

 

£m

Pro-forma 2021 H1

Revenue Consensus Low High
Trading and banking solutions 753 742 774
Enterprise data solutions 561 556 569
Investment solutions 554 546 566
Wealth solutions 248 244 258
Customer and third party risk 167 156 175
Data & Analytics 2,283 2,260 2,328
Equities 118 108 121
FX 113 107 116
Fixed income, derivatives & other 387 380 394
Capital Markets 618 601 628
OTC Derivatives 169 156 174
Securities & Reporting 125 117 130
Non-Cash Collateral 44 43 46
Post Trade 339 328 349
NTI 112 108 119
Post Trade income 451 439 462
Other 8 1 12
Total Income (excl. recoveries) 3,359 3,338 3,392
Recoveries 170 156 179
Total Income (incl. recoveries) 3,530 3,494 3,561
Cost of Sales (467) (481) (458)
Gross Profit 3,062 3,016 3,090
Adjusted opex (1,484) (1,524) (1,442)
Income from equity investments 2 - 11
Share of profit / (loss) after tax of associates (1) (3) -
Adjusted EBITDA 1,578 1,538 1,611
Adjusted EBITDA margin (%) ex-recoveries 47.0% 45.9% 47.9%
Underlying depreciation and amortisation (401) (415) (382)
Adjusted operating profit 1,178 1,123 1,223
Net finance expense (112) (140) (95)
Adjusted profit before tax 1,066 983 1,117
Tax (242) (267) (198)
Tax rate 22.7% 19.0% 24.0%
Adjusted profit after tax 824 758 860
Non-controlling interest (88) (100) (61)
Underlying profit from continuing operations 736 697 764
Weighted Average number of shares 556.0 554.0 560.0
Adjusted basic EPS 132.5 125.3 137.2
- -
Interim Dividend (p) 27.4 24.5 42.8

Sources and bases:

Consensus has been compiled from financial estimates (models) provided by third-party research analysts. Models which include material errors in calculation have been excluded. Consensus is based on 11 analyst models updated and published since LSEG's Q1 results (issued 28 April 2021) on a pro-forma and consistent basis.

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.

Interim (H1) results - Webcast and conference call:

The Group will host a presentation and conference call on its Interim Results for analysts and institutional shareholders on 6 August at 09:30am (UK time). On the call will be David Schwimmer (Chief Executive Officer), Anna Manz (Chief Financial Officer) and Paul Froud (Group Head of Investor Relations).

To access the telephone conference call or audio-only webcast please register in advance using the following link and instructions below:

https://www.lsegissuerservices.com/spark/LondonStockExchangeGroup/events/7233ea7f-bde2-4dec-8d53-bfc71d10f013

If you wish to participate in Q&A, please register for the operator hosted telephone conference call. The conference call registration link can be found in the page above.  

For further information, please call the Group’s Investor Relations team on +44 (0) 20 7797 3322