London Stock Exchange Group Plc, reported higher quarterly income on Wednesday, as its clearing and information services businesses grew strongly against what it called a challenging market backdrop.
Total income from continuing operations rose 5 percent to 546 million pounds in the quarter ended March 31, while total revenue was up 3 percent at 486 million pounds.
Analysts had expected total income of 549 million pounds, with total revenue of 491 million pounds according to company supplied estimates from 14 analysts.