Latest News for LDNXF
LSEG delivered 8.8% organic revenue growth in Q3, slightly beating consensus, while management raised its full-year margin and FCF guidance. Subscription revenue accelerated to 6.6%, while AI adoption and additional dataset purchases offer new opportunities for recurring revenue growth. The $3.5 billion Octus acquisition strengthens LSEG's position in private credit and financial intelligence, with double-digit…
London Stock Exchange Group LON: LSEG reported third-quarter organic revenue growth of 8.8% and said it has raised its full-year outlook for revenue, margins and cash generation, citing broad-based momentum across its subscription and Markets businesses.
London Stock Exchange Group PLC (LSE:LSEG), the FTSE 100 exchange and data provider, is on track for its strongest annual organic revenue growth since 2018 after third-quarter income, excluding recoveries, rose 8.8% on an organic constant-currency basis, and it agreed to buy Octus for $3.535 billion. LSEG now expects full-year organic constant-currency growth in total income, excluding recoveries, of at least 8.0%,…
The stock-exchange and financial-information company said last week that it was in talks over the deal to buy the credit intelligence, data and workflow provider from Permira.
LSEG to buy Octus for $3.5 billion in data analytics push
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