Source - RNS
RNS Number : 8306H
London Stock Exchange Group PLC
12 June 2017
 

London Stock Exchange Group plc

12 June 2017

 

Contains inside information

 

Investor update event

 

London Stock Exchange Group plc will today host a planned investor update event.

 

The event will provide investors with an overview of the market landscape for Information Services, including FTSE Russell, LCH and Capital Markets.  It will show that the Group's global businesses are well positioned in a changing regulatory environment, and will highlight future double-digit growth opportunities and next phase cost efficiencies.  Strong revenue growth and continued cost control will deliver further improvement to operating leverage, delivering enhanced operating margins and shareholder value.

The event will be hosted by Xavier Rolet, Chief Executive and David Warren, CFO and feature members of the LSEG Executive Committee and their teams. A copy of the presentation is available on our website: http://www.lseg.com/sites/default/files/content/documents/Regulatory/Investor-relations/2017/June/LSEG_Investor_Relations_Update_Event_12_June_2017.pdf.


Presentations will include the following new information:

 

FTSE Russell

 

·     Continued double-digit revenue growth - 2017-2019

 

LCH

 

·     Continued double-digit revenue growth in OTC clearing - 2017-2019

·     Accelerating EBITDA margin growth - approaching 50% by 2019 (2016: 35.6%)

 

LSEG

 

·     Group operating expenses held at c.4% p.a. increase 2017-2019 while the Group continues to develop and deliver revenue growth

·     Next phase cost saves of £50m p.a.  - by exit 2019

·     Group EBITDA margin c.55% by 2019 (2016: 46.5%)

 

Conference call details:

 

To access the Telephone conference call of the event, which starts at 14:00 pm BST:

 

Participant UK FreeCall Dial-In Numbers:

 

United Kingdom

0800 6940257

 

United States

18669669439

 

Participant Std International Dial-In:

+44 (0) 1452 555566

Participant UK LocalCall Dial-In Number:

 

United Kingdom, LocalCall

0844 4933800

 

Further numbers at bottom of this announcement

·      Conference ID: 31402457

·      We recommend that participants start to dial in 5 minutes prior to ensure a timely start to the conference call.

A replay of the conference call will be available later in the day on our website. A video recording will be made available on our website a few days after the event.

 

For further information:

 

Paul Froud

Gavin Sullivan

Investor Relations

Media

+44 (0)20 7797 3322

+44 (0)20 7797 1222

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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