LSE Results Presentation Deck
Strong revenue growth across all three divisions
£6,767m
2020(2)
+5.3%
Data &
Analytics
OLSEG
6.1% growth (1)
+12.5%
Capital
Markets
+11.1%
-20.0%
Post Trade Net Treasury Other
(excl. NTI) Income (NTI) revenue
Non-recurring
Net FX
impact
Deferred
revenue
haircut
(1) Growth is on a constant currency basis excluding the impact of the deferred revenue accounting adjustment
(2) Total income excl recoveries, on a pro-forma basis
£6,811m
2021(2)
Strong revenue trends
Data & Analytics: >90% of
revenues (2) from subscriptions
Capital Markets: Strong secular
growth dynamics, esp. Tradeweb
Post Trade: Beneficiary of secular
growth and interest rate uncertainty
- Net Treasury Income (NTI): Now at
a normal run-rate following Covid-
related volatility
Non-recurring headwinds
Adverse FX moves in 2021
One-time deferred revenue
adjustment
22View entire presentation