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London Stock Exchange Group PLC on Thursday said it delivered ‘another quarter of good growth,’ and confirmed is guidance for 2025. The London-based exchange operator and market data provider said gross profit rose 8.1% to £2.05 billion in the first quarter, from £1.89 billion a year ago. Total income including recoveries rose 8.2% to £2.35 billion from £2.18 billion. Income for Data & Analytics was up 5.1% at constant currency and 4.4% reported, to £1.04 billion from £999 million. Chief Executive Officer David Schwimmer said: ‘We have started the year strongly, delivering another quarter of good growth. Our Data & Analytics business accelerated further, and Risk Intelligence and FTSE Russell continued to perform well. Our markets division saw strong broad-based growth against a backdrop of elevated volatility, which has persisted into April reflecting continuing uncertainty around the outlook for financial markets and the global economy more broadly.’ The company said as of Wednesday, so far it bought back £245 million of its up to £500 million share buyback programme Looking ahead, the group is ‘confident of further growth and improvement’ for its earnings before interest, tax, depreciation & amortisation margin this year, ‘leading to strong growth in equity free cash flow’. LSEG confirmed its full-year guidance which includes organic constant currency growth in total income excluding recoveries of 6.5% to 7.5%, including faster Data & Analytics organic growth. LSEG shares were up marginally up at 11,630.00 pence each on Thursday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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