The latest announcement is out from London Stock Exchange ( (GB:LSEG) ).
London Stock Exchange Group plc reported strong financial performance for the year ending December 2024, with significant growth in total income and improved profitability. The company achieved a 7.7% increase in total income excluding recoveries and a 12.3% rise in EBITDA, driven by product innovation and strategic acquisitions. Key highlights include enhancements to the Workspace platform, increased availability of datasets on cloud platforms, and progress in its partnership with Microsoft. The company returned £1 billion to shareholders through buybacks and plans to continue this strategy in 2025, reflecting confidence in its growth model and commitment to shareholder returns.
More about London Stock Exchange
London Stock Exchange Group plc operates in the financial services industry, offering a range of products and services including data and analytics, capital markets, and post-trade solutions. The company focuses on innovation and strategic partnerships, such as its collaboration with Microsoft, to enhance its market position and deliver value to its stakeholders.
YTD Price Performance: -1.28%
Average Trading Volume: 949,196
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £59.07B
Find detailed analytics on LSEG stock on TipRanks’ Stock Analysis page.