LONDON (dpa-AFX) - London Stock Exchange Group Plc (LSE.L) reported that its first-quarter total income rose 13 percent to 520 million pounds from 461 million pounds last year, while it also increased 13 percent on an organic and constant currency basis.
Total revenue for the quarter increased 11 percent to 470 million pounds from 423 million pounds last year.
David Warren, Interim Chief Executive and Group CFO, said, 'The Group has delivered a strong first quarter performance. All of our key businesses continue to perform well, with strong growth in FTSE Russell, LCH and Capital Markets.'
In Capital Markets, first-quarter revenues were up 14 percent or up 13 percent at constant currency, with good primary markets activity and secondary markets revenue up on higher equity volumes.
Information Services revenues rose 16 percent and also increased 11 percent on an organic and constant currency basis - with continued double-digit growth at FTSE Russell.
The company said that David Schwimmer will join LSEG as CEO on 1 August 2018.
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