LSEG Reports Upbeat 2017 Financials, Amidst Operations Investments

The London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term Group (LSEG) has reported its preliminary results for the year 2017. The latest figures highlight a period of strong growth across LSEG’s revenues and income, spurred by greater market activity and a bourgeoning IPO market.

LSEG had originally embarked on a strategy to fully deploy its capital for acquisitions and organic investment in 2017. The result had been multiple growth opportunities and initiatives that appear to have yielded early returns for the group. This includes growth across LSEG’s core business divisions, i.e., its Information Services, Post Trade, and Capital Markets segments.

In particular, LSEG’s total revenue was reported at £1.77 billion ($2.47 billion) in 2017, up by a factor of 17.2 percent yearly from £1.51 billion ($2.10 billion) in 2016. By extension, the group saw its total income climb 18.0 percent on a yearly basis to £1.96 billion ($2.73 billion) in 2017, relative to £1.66 billion ($2.31 billion) in 2016.

Yearly highlights

LSEG saw a number of initiatives throughout the calendar year, helping drive its financials and business. This included a growing level of efficiency afforded via SwapAgent, as a new service was provided for non-cleared products. Moreover, CurveGlobal managed to secure investments for its next stage developments, while the group completed acquisitions of The Yield Book and Mergent, strengthening its data and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term capabilities.

While 2016 was very lacking in the IPO space, 2017 saw some growth that helped the exchange group. A strong flow of IPOs in London and Italy helped companies raise a total of £44 billion ($61.3 billion) in new and further issues.

Of note, the FTSE Russell delivered a strong 33.0 percent revenue growth in 2017, while LCH OTC revenues were also pointed higher by 21.0 percent year-over-year. Adjusted operating expenses were higher as well, albeit by approximately 6.0 percent year-over-year. This was due mostly to internal growth investments and aforementioned efficiency projects.

LSEG reported an adjusted operating profit of £812.0 million ($1.13 billion) in 2017, compared to £686.0 million ($957.0 million) back in 2016, or 18.0 percent higher. Finally, operating profits were up 47.0 percent on a yearly basis, coming in at £626.0 million ($873.0 million) vs. £427.0 million ($595.7 million) in 2016.