The London Stock Exchange Group (LSEG) released its FY2016 results this morning. This turned out to be quite strong, as total income at $1.66bn was 4% higher than expected by consensus and 5% higher than expectations. Total expenses were also 6% higher than expected. Adjusted operating profit (before amortisation and one-off items) was therefore in line with expectations at £690m. DPS is 20% higher yoy in line with earnings growth and 6% higher than consensus expectations.
03 Mar 2017
Another year of strong growth
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Another year of strong growth
London Stock Exchange Group plc (LSEG:LON) | 8,822 -15526.7 (-2.0%) | Mkt Cap: 47,251m
- Published:
03 Mar 2017 -
Author:
Farhad Moshiri -
Pages:
3
The London Stock Exchange Group (LSEG) released its FY2016 results this morning. This turned out to be quite strong, as total income at $1.66bn was 4% higher than expected by consensus and 5% higher than expectations. Total expenses were also 6% higher than expected. Adjusted operating profit (before amortisation and one-off items) was therefore in line with expectations at £690m. DPS is 20% higher yoy in line with earnings growth and 6% higher than consensus expectations.