London Stock Exchange Group PLC (FRA:LS4C)
€ 130 -3 (-2.26%) Market Cap: 67.84 Bil Enterprise Value: 76.83 Bil PE Ratio: 77.81 PB Ratio: 2.44 GF Score: 90/100

Full Year 2022 London Stock Exchange Group PLC Earnings Call Transcript

Mar 02, 2023 / 10:00AM GMT
Release Date Price: €84 (-0.59%)
David A. Schwimmer
London Stock Exchange Group plc - Group Head of Data and Analytics, Group CEO & Executive Director

All right. Well, good morning, everyone, and welcome to our 2022 financial results. It is great to be giving this presentation in person. Great to see so many of you here in our offices and also great to have those of you joining us online or on the call.

2022 was a year of strong, broad-based growth for LSEG. Our strategy is working and it's driving better performance and higher growth. Our Data & Analytics division grew by more than 5%. Trading & Banking grew in each quarter of the year, the first time that's happened in roughly a decade. We also delivered great results in our Capital Markets and Post Trade businesses. With the success of the Refinitiv integration, we are bringing forward delivery of our cost synergy program by around 2 years. And we're significantly increasing our revenue synergy target.

We continue to invest to improve our customer offering. In particular, our partnership with Microsoft will revolutionize workflow for financial market

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