LSEG expects total income, excluding recoveries, to expand by 6.5 to 7.5 per cent at constant currency rates in 2024, having increased by 8.4 per cent to £8.5billion last year, supported by new product innovation and availability.
Outlook: London Stock Exchange Group expects continued growth and 'improving profitability' this year, supported by new product innovation and availability.
LSEG struck a 10-year strategic partnership with Microsoft in December 2022 as part of an agreement to move the bourse's data platform onto the cloud, with Microsoft taking a 4 per cent stake in the group.
But its owner, London Stock Exchange Group, has grown to become one of its own market's 10 largest companies by market capitalisation, thanks to its expansion efforts.
But LSEG scored healthy growth across all divisions in 2024, especially its FTSE Russell, which manages the company's stock market indices, risk intelligence and capital markets businesses.
