Feb 28, 2020 / 09:00AM GMT
Paul Froud - London Stock Exchange Group plc - Head of IR
(technical difficulty)
followed by David Schwimmer, CEO, who's going to comment on the execution of our strategy and give an update on the Refinitiv transaction as well. After that, as normal, we're going to take Q&A both from here in the room but also from those on the phone lines.
So with that, I'll hand over to David.
David P. Warren - London Stock Exchange Group plc - Group CFO & Executive Director
Thanks very much, Paul, and good morning, everyone. You will have seen from this morning's announcement, we have released a strong set of results. And Slide 4 gives the main highlights.
Total income increased 8% to GBP 2.3 billion, driven by strong organic growth and another good contribution from NTI. After deducting cost of sales, gross profit increased 10%, up to GBP 2.1 billion. Underlying operating costs were again well controlled. If we strip out depreciation, operating expenses rose just 1%. Adjusted EBITDA increased 19% to GBP 1.3 billion and adjusted earnings
Full Year 2019 London Stock Exchange Group PLC Earnings Call Transcript
Feb 14, 2024
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