London Stock Exchange Group said full year operating profits rose 47% to £626m as core businesses all put in a strong showing.


The company also said it was making "good progress" on recruiting a new chief executive with a "strong field of high quality candidates" after Xavier Rolet left the role last year. Chief financial officer David Warren has been holding the reins on an interim basis.

Adjusted operating profit were up 18% at £812m while earnings before interest, tax, depreciation and amortisation increased 19% to £915m.

Total revenue increased to £1.76bn from £1.5m in 2016.The final dividend was lifted to 37.2 pence per share, a 19% increase, taking the total payout to 51.6 pence each.

Warren said the group had seen growth across all of its core businesses - intellectual property, risk and balance sheet management and capital formation.

He added that LSE had continued to invest in "new initiatives and acquisitions to drive further expansion and efficiencies".

"The group is strategically, operationally and financially well positioned to capitalise on a range of opportunities ahead and to enhance shareholder returns," he said.

"As a leading financial markets infrastructure group, we have continued to grow our global footprint, including strengthening our presence in Asia and in the United States. We have also made selective acquisitions that develop our client offering, while meeting our strict strategic and financial criteria."

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