ANNOUNCEMENT OF PRELIMINARY RESULTS OF LONDON STOCK EXCHANGE GROUP PLC FOR THE YEAR ENDED 31 MARCH 2012
- Excellent progress in delivering growth and diversification strategy
- Scale, scope and reach of Group transformed through organic growth and acquisitions
- Strong financial performance, growth achieved across all business segments in a highly competitive environment
- Total income up 21 per cent at 814.8 million (2011: 674.9 million); revenue up 10 per cent at 679.8 million (2011: 615.9 million)
- Operating profit up 27 per cent at 358.5 million (2011: 283.0 million); adjusted operating profit1 up 30 per cent at 441.9 million (2011: 341.1 million)
- Profit before tax up 169 per cent at 639.7 million which includes recognition of the value of our existing interest in FTSE (2011: 238.2 million); adjusted profit before tax1 up 35 per cent at 400.6 million (2011: 296.3 million)
- Basic EPS up 243 per cent at 193.6 pence (2011: 56.4 pence); adjusted EPS1 up 36 per cent at 100.6 pence (2011: 73.7 pence)
- Proposed final dividend up 6 per cent to 19.0 pence per share; total dividend for the year increased 6 per cent to 28.3 pence per share
Chris Gibson-Smith, Chairman, London Stock Exchange Group, said:
"This has been a very significant year for our business. The successful execution of our strategy has produced tangible operational and financial benefits and we have delivered growth, diversification and performance.
"Looking ahead, we are excited by the opportunities for the business. In particular our full ownership of FTSE and our shareholder approved transaction with LCH.Clearnet will continue to transform our organisation. We are well placed and remain firmly focused in our pursuit of driving long-term shareholder value."
Commenting on the year, Xavier Rolet, Chief Executive, London Stock Exchange Group said:
"We have delivered a 27 per cent growth in operating profit and a 169 per cent uplift in profit before tax, seen strong performances across all four business divisions and made significant progress on our diversification strategy. We have made great progress this year.
"Building long-term partnerships with our customers, successfully integrating new acquisitions and delivering on our stated cost and revenue synergies will continue to be the key areas of focus for us. Our dynamic, highly competitive landscape presents good opportunities for growth particularly in the areas of risk management and intellectual property. We will continue to innovate across our markets, products and services and we expect to make further good strategic progress."
