London Stock Exchange Group
plc: New divisional reporting structure
As we announced at our Capital
Markets Day in November 2023, from Q1 2024 we will be revising our
reporting structure to align divisional disclosures with internal
management reporting lines. These changes primarily impact the Data
& Analytics division.
For the new Data & Analytics
perimeter, revenues will be grouped by product types under three
business lines:
·
Workflows - consolidates all of our user interface
businesses, comprising Trading & Banking, plus the desktop
activities previously reported within Investment Solutions and
Wealth.
·
Data & Feeds - consolidates all of our data
feeds businesses and comprises Enterprise Data, plus the data and
feeds activities previously reported within Investment Solutions
and Wealth.
·
Analytics - previously reported within Investment
Solutions.
The revised grouping allows for
better identification of underlying trends in products and usage,
rather than focusing on user groups or communities.
Benchmark & Indices will be
split out from Investment Solutions and be renamed FTSE Russell as
a separate division. Similarly, Customer & Third-Party Risk
will also become a standalone division, and be renamed Risk
Intelligence.
There will be no change to our
Capital Markets or Post Trade reporting.
We have today released quarterly
revenues for 2023 on the new reporting structure, with a file
available for download from our website:
https://www.lseg.com/en/investor-relations/new-divisional-reporting-structure
In addition to this, in Q2 we intend
to publish 2023 divisional cost and margin information on the new
structure.
Contacts: London Stock
Exchange Group plc
Investor relations:
Peregrine Riviere / Chris
Turner
ir@lseg.com
Media:
Lucie Holloway / Rhiannon Davies
+44 (0)20 7797 1222
newsroom@lseg.com