London Stock Exchange Group PLC
LSEG
ISIN GB00B0SWJX34 / Valor 2477098
London Stock Exchange Group PLC
UMushroom community rating:
About company
London Stock Exchange Group PLC (LSEG) is a preeminent global financial markets infrastructure and data provider, offering a broad spectrum of services across the financial markets value chain. With its headquarters in London, LSEG operates on a global scale, with significant operations in Europe, the Americas, Asia Pacific, and emerging markets. The group's diverse portfolio includes the London Stock Exchange, known for being the world’s most international exchange and Europe’s most liquid capital pool. LSEG also owns FXall, an independent electronic multi-bank trading platform, and holds a majority interest in Tradeweb, a leading fixed income trading platform. Through its FTSE Russell division, LSEG provides a wide range of benchmarks and indices that cater to various asset classes and investment styles, which are crucial for investors worldwide in benchmarking investment performance and developing new investment funds, ETFs, structured products, and index-based derivatives. Additionally, LSEG operates LCH, a leading global clearing house, which plays a critical role in the financial ecosystem by enabling efficient capital use and managing counterparty risk across multiple asset classes. The Capital Markets division of LSEG facilitates the raising and transferring of capital across different asset classes and geographies, offering reliable and cost-effective services. Moreover, LSEG Risk Intelligence offers solutions aimed at helping organizations navigate risks, avoid reputational damage, and ensure compliance. Overall, LSEG stands as a cornerstone of the global financial infrastructure, providing essential services that support the functioning and efficiency of capital markets worldwide.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (18.10.2025):
London Stock Exchange Group PLC reported strong financial results for the first half of 2025, demonstrating consistent growth across all divisions, significant margin improvements, and robust cash generation. The company continues to leverage its strategic initiatives and investment in innovation to drive long-term value for shareholders.
Total Income Growth
London Stock Exchange Group PLC achieved a 7.8% increase in total income (excluding recoveries) in H1 2025, with a reported growth rate of 6.8%. This growth was driven by strong performance across all business divisions.
Division Performance
All divisions showed solid growth: Data & Analytics grew by 5.1%, FTSE Russell by 7.6%, Risk Intelligence by 12.2%, and Markets by 10.7% in H1 2025. Each division contributed significantly to the overall revenue increase.
ASV1 Growth
The Annual Subscription Value (ASV) metric grew by 5.8% in June 2025, slightly down from 6.4% in Q1 2025. This reflects a competitive response to the company's improved performance, with final adjustments from Credit Suisse and UBS expected in Q3.
Margin Improvement
Adjusted EBITDA margin improved by 100 basis points to 49.5% in H1 2025, with constant currency margins up by 150 basis points despite a 50 basis points impact from foreign exchange. Reported EBITDA grew by 10.9%.
Earnings Growth
Adjusted earnings per share (EPS) increased by 20.1% at actual rates, benefiting from lower net finance expenses, the buy-in of LCH minorities in 2024, and ongoing share buybacks. Reported EPS surged by 89.6% at actual rates.
Cash Generation
Equity free cash flow reached £935 million, a 43.6% increase, driven by EBITDA growth, reduced capital intensity, effective debt management, and a lower effective tax rate.
Strategic Progress
The company continued its pipeline of innovation with 250 enhancements to Workspace, launches of DigitalAssetClear and Treasury Futures clearing, and a partnership with StepStone for private company indices. Additionally, progress with Microsoft includes new Workspace add-ins and integration with Teams.
Shareholder Returns
London Stock Exchange Group PLC returned £500 million via buybacks in H1 2025 and plans to execute up to a further £1 billion in H2. The interim dividend was raised by 15% to 47.0p per share, to be paid on 17 September 2025.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
59274 M
Market cap (USD)
987,447
Daily traded volume (Shares)
113.4 / 112.5
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
Haiting Guan
Matthew Wynne-Jones
EQUITIES OF THE SAME SECTOR
