London Stock Exchange increases its 2015 interim dividend by 11%

DividendMax Ltd.

London Stock Exchange increases its 2015 interim dividend by 11%

Continued delivery of strategy - good financial performance driven by contribution from Russell as well as from underlying growth in Capital Markets, Information Services, OTC clearing at LCH.Clearnet and Italian Post Trade operations

Revenue up 90% to £1,164.9 million (H1 2014: £611.5 million); on a continuing operations basis, revenue up 9% and up 14% after adjusting for the loss of LME business

Total income up 83% to £1,208.7 million (H1 2014: £661.2 million)

Operating expenses of £842.5 million, up 4% on an organic and constant currency basis as the Group invests in growth initiatives, and flat after excluding cost of sales

Adjusted operating profit up 27% at £366.1 million (H1 2014: £ 288.8 million); operating profit of £239.4 million (H1 2014: £205.7 million); profit after tax of £165.1 million (H1 2014 £136.0 million)

Adjusted EPS up 14% at 65.5 pence (H1 2014: 57.3 pence); basic EPS of 43.4 pence (H1 2014: 40.5 pence)

Interim dividend increased 11% to 10.8 pence per share (6 months to 30 September 2014: 9.7 pence per share), reflecting good performance and confidence in future prospects as investment for growth continues

Good progress with integration and development of global indexes business, FTSE Russell, and with the sale of Russell Investment Management

Open access is delivering - agreement with CME to launch US futures contracts on FTSE Russell indexes; Turquoise entered exclusive discussions with Plato Partnership, to collaborate on market structure initiatives in Europe

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