LSEG posted H1-23 top-line growth in line with the management’s guidance but disappointed on opex growth, which led to a miss on the EBITDA margin guidance. The management however remains confident that the company can reach its targets with top-line growth being further supported by the underlying revenue trends and investments in Data & Analytics. This confidence was reflected in the group’s capital allocation, as the interim dividend was increased and the second buyback program was launched.

04 Aug 2023
H1: Top-line growth in line with guidance but an EBITDA margin miss

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
H1: Top-line growth in line with guidance but an EBITDA margin miss
London Stock Exchange Group plc (LSEG:LON) | 11,320 4528 0.4% | Mkt Cap: 59,837m
- Published:
04 Aug 2023 -
Author:
Sylvain Perret -
Pages:
4 -
LSEG posted H1-23 top-line growth in line with the management’s guidance but disappointed on opex growth, which led to a miss on the EBITDA margin guidance. The management however remains confident that the company can reach its targets with top-line growth being further supported by the underlying revenue trends and investments in Data & Analytics. This confidence was reflected in the group’s capital allocation, as the interim dividend was increased and the second buyback program was launched.