LSEG Annual Report 2024
Who we are
LSEG is one of the world’s leading providers of financial markets infrastructure and delivers financial data, analytics, news and index products to more than 44,000 customers in over 170 countries.
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Our purpose
Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
We drive financial stability
By operating businesses that are of systemic importance, fundamental to the financial ecosystems and critical to our customers.
We empower economies
By helping our customers to raise and allocate capital, support employment, innovate and access global financial networks, across multiple asset classes.
We enable customers to create sustainable growth
By providing the tools and data that enable financial market participants to manage risk and make informed investment decisions. This purpose underpins everything we do and sets the foundation for our strategy, our operations and our culture.
2024 has been another strong year for LSEG. Continued revenue growth, an expanding shareholder base and consistent returns have strengthened our position as a leading global financial markets infrastructure and data provider.
Don Robert
In 2024, we continued to make good progress in the commercial and strategic transformation of our business. LSEG is maintaining a rapid pace of innovation as we strengthen our solutions across the business, and we remain well positioned to benefit from powerful industry trends and drive change across financial markets.
David Schwimmer
Financial highlights
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Total income (excl. recoveries)£8.5bn+7.7% organic growth vs 2023
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Adjusted EBITDA£4.1bn+9.1% organic growth vs 2023
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Adjusted EBITDA margin48.8%80bps of underlying improvement in 2024
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Adjusted EPS363.5p+12.2% vs 2023
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Total dividend130p+13.0% vs 2023
Our strategy
Our strategy is providing customers with a global, multi-asset class financial markets infrastructure and data ecosystem operating across the trade lifecycle.
A number of aspects of our business are strategically differentiating.
Trusted to deliver services meeting business-critical needs
Our longstanding heritage of playing a vital role in global financial markets remains at the core of what we do; our customers trust and rely on us to serve critical needs.
Deep partnership with our customers
Our level of relevance to our customers creates the opportunity for strong partnership. From developing our clearing houses to building new products powered by AI, we partner with our customers to transform industries.
Open ecosystem
Interoperability is in our DNA. When other exchange groups focused on vertical integration of trading and clearing, we championed open access – and stay true to this philosophy today with our market infrastructure and our data.
Global, multi-asset class, across the trade lifecycle
What was aspirational prior to the acquisition of Refinitiv is now real and building momentum. We serve even more of our customers’ needs pre-, and post-trade, across asset classes and geographies.
Integrated solutions
Where it helps to reduce friction in our customers’ workflows, we will now offer them seamless integration between different elements of our product offering.
Best-in-class data machine and distribution
To enhance our ability to enrich our leading data offering and better monetise it, we are investing in our ‘data funnel’, from content ingestion through to data management and distribution – accelerated by our partnership with Microsoft.
Sustainability Report 2024
In 2024, we continued to work with our customers, colleagues, communities and policymakers to accelerate the transition to a sustainable future.
Read more about our sustainability progress in our 2024 Sustainability Report and Sustainability Databook