London Stock Exchange Group (OTCPK:LDNX.F) Earnings Call Presentation

LSEG Group Strategy and Performance - LSEG's diversified business model delivers strong financial performance, with 73% high-quality recurring revenues and structurally growing transactional revenues[26, 27] - LSEG has a track record of uncorrelated, all-weather growth, delivering Earnings per Share (EPS) CAGR of 15% and Dividend per Share (DPS) CAGR of 18% over the last 20 years[32, 34] - Free cash flow continues to trend upward, expected to hit £2.4 billion in 2025[36] - LSEG has delivered £292 million revenue and £562 million cost synergies[48] Data & Analytics Strategy and Monetization - Data & Analytics represents 47% of LSEG's £3.9 billion income in 2024[13] - LDAs are forecast to account for 17% of D&A ASV by the end of 2025[68] - Tick History is experiencing 39% p a growth in use[155] - Since 2021, D&A revenue growth has been accelerating, with >5 0% organic constant currency growth expected in FY2025[161] AI Strategy and Engineering Transformation - LSEG is the global 1 in real-time data[107] - LSEG's engineering transformation strategy focuses on Exceptional Talent, Common Platforms, and Product Discipline to accelerate product development and AI adoption[92, 93] - LSEG is transforming data onboarding and customer operations with AI, achieving results such as 9x faster content extraction and a 51% FTE reduction in the central sourcing team[127, 128] New Products and Services - ForexClear clears only 1% of the FX market, driven by FX Options and NDFs, which are subject to the Uncleared Margin Rules (UMR), generating over £50 million in annual revenue[380] - The Private Securities Market (PSM) charges companies an admission fee of £25,000 a year for access to 2 auctions, buyers will pay 0 75% on value of shares bought, sellers will pay 1% on value of shares sold[360, 361]