LSEG Reports Strong Performance in Q1 2023 with 14.6% YoY Increase in Total Income

​London Stock Exchange Group (LSEG), a leading global financial markets infrastructure and data provider, has released its financial results for the first quarter of 2023 (Q1 2023), seeing total income (excl. recoveries) of £2,007 million in the quarter, an increase of 14.6% compared to £1,751 million in Q1 2022.

Q1 2023 Financial Results:

• Income of Data & Analytics, including trading & banking solutions, enterprise data solutions, investment solutions, wealth solutions and customer & third-party risk solutions, reached £1,315 million in Q1 2023, 14.6% higher than £1,147 million in the first quarter of 2022.

• Income of Capital Markets, including equities, FX, fixed income, derivatives and others, amounted to £394 million, increasing 9.7% compared to £359 million in the the same period of last year.

• Post Trade's income for the quarter rose by 21.4% from £238 million in Q1 2022 to £289 million, with OTC Derivatives jumping 35.5% from £93 million to £126 million on a yearly basis.

• Gross profit of the Group for the quarter was £1,812 million, an increase of 13.9% compared to £1,591 million in Q1 2022.