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London Stock Exchange 3Q Total Income Rose

By Sabela Ojea

 

London Stock Exchange Group PLC said Friday that its performance in the third quarter of 2021 was marked by income growth across all its divisions.

The stock-exchange and financial-information company said total income excluding recoveries on a constant currency variance rose 7.6% to 1.69 billion pounds ($2.33 billion).

Regarding its outlook, the company said its full-year total income is expected to be in line with views, but added that fourth-quarter income is not anticipated to grow as fast as the third quarter.

The company also said that it is comfortably on target for full year run-rate cost synergy delivery of GBP125 million, ahead of original phasing.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

October 22, 2021 02:36 ET (06:36 GMT)

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