LSEG sets higher 2025 profitability goals as Microsoft partnership ramps up
LONDON (Reuters) -London Stock Exchange Group set new goals for improved profitability in 2025 on Thursday, citing a strong pipeline of enhancements to its flagship Workspace product and substantial growth in its financial data and technology businesses. The company, which runs the London Stock Exchange and provides data and analytics to banks and other institutions, said it expects its 2025 annual income to grow between 6.5% and 7.5%, after reporting 2024 income slightly ahead of analysts' expectations. LSEG's upper estimate for 2025 income growth is above the 7.1% consensus forecast, according to a company compiled poll.