London Stock Exchange Group (LSEG) Q4 2024 Earnings Call: Key Insights
On February 27, 2025, at 5:00 AM ET, London Stock Exchange Group plc (OTCPK:LDNXF) held its investor and analyst call to discuss the results for the full year 2024. The call was led by David Schwimmer, the Chief Executive Officer, Michel-Alain Proch, the Chief Financial Officer, and Peregrine Riviere, the Head of Investor Relations. Various analysts and investors participated in the call, including Russell Quelch from Redburn Atlantic, Bruce Hamilton from Morgan Stanley, Michael Werner from UBS, Kyle Voigt from KBW, Hubert Lam from JPMorgan, Arnaud Giblat from BNP Paribas, Exane Benjamin Goy, and Andrew Coombs from Citi. Julian Dobrovolschi from ABN AMRO and Ben Bathurst from RBC also joined the call, along with Ian White from Autonomous Research.
Company Performance
The London Stock Exchange Group reported a strong performance for the full year 2024, with revenue growth of 11% year-on-year, reaching £7.3 billion. Adjusted earnings per share (EPS) increased by 13% to 418.3 pence. The company’s cash generation remained robust, with free cash flow amounting to £1.4 billion, up from £1.2 billion in 2023. The growth was driven by the continued success of the London Stock Exchange, Borsa Italiana, and the post-trade business.
Strategic Initiatives
During the call, the company provided updates on its strategic initiatives. LSEG announced plans to expand its data and analytics capabilities, aiming to provide more comprehensive and valuable data services to its clients. The company also highlighted its commitment to sustainability, with the launch of the London Stock Exchange’s Sustainable Issuance Platform. The platform is designed to help companies issue sustainable bonds and raise capital for green projects.
Impact on Individual Investors
The strong performance of LSEG in 2024 is likely to benefit individual investors who hold shares in the company. The growth in revenue and earnings, coupled with the company’s solid cash generation, indicate a healthy and growing business. Additionally, the company’s strategic initiatives, such as the expansion of its data and analytics capabilities and the focus on sustainability, position LSEG well for the future.
Impact on the World
The London Stock Exchange Group’s strong performance and strategic initiatives have wider implications for the global financial markets. The expansion of data and analytics capabilities can help improve transparency and efficiency in financial markets, making it easier for investors to make informed decisions. The focus on sustainability also reflects a growing trend in the financial industry and can contribute to a more sustainable global economy.
- LSEG’s strong performance in 2024, with revenue growth of 11% and adjusted EPS growth of 13%
- The company’s solid cash generation, with free cash flow of £1.4 billion
- Expansion of data and analytics capabilities to provide more comprehensive and valuable data services
- Focus on sustainability with the launch of the London Stock Exchange’s Sustainable Issuance Platform
- Benefits for individual investors through the growth of a healthy and growing business
- Implications for the global financial markets through improved transparency and efficiency, and a focus on sustainability
Conclusion
The London Stock Exchange Group reported a strong performance for the full year 2024, with revenue growth, robust cash generation, and strategic initiatives focused on data and analytics and sustainability. These results are likely to benefit individual investors and have wider implications for the global financial markets, contributing to improved transparency, efficiency, and sustainability.
