Analyst Research Report Snapshot

Title:

LONDON STOCK EXCHANGE GROUP - LCH.CLEARLY AHEAD OF EXPECTATIONS

Price:

$10.00

Provider:

Edison Investment Research

Date:

22 Jul 2013

Pages:

5

Type:

AcrobatPDF

Companies referenced:

LSE.L

Available for Immediate Download
Summary:

Better-than-expected growth from LCH.Clearnet meant Q1 revenues were c 5% ahead of consensus estimates. As expected, the other divisions also recorded strong growth, reflecting an improvement in investor sentiment and market activity. If these trends continue and activity remains at these improved levels, we see potential for our forecasts and valuation estimates to be revised further upwards.

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