LSE Group: H1 results up
(CercleFinance.com) - London Stock Exchange (LSE) shares are up 2% after the company announced an interim dividend that is up 27% at 31.
7p per share, as the stock exchange operator announced its H1 results.
The results show pro-forma adjusted EPS that is up 21% to 167.4p, along with an adjusted EBITDA margin of 48.8%, with management saying that it is on track to achieve its margin target of at least 50% by the end of 2023.
Also on a pro-forma basis, at 3.57 billion pounds, total adjusted revenue was up 6.2% at constant exchange rates, and rose by 7% excluding the impacts of the Ukraine-Russia conflict.
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