Last checked at 2 Apr 2024 07:00
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