LONDON (dpa-AFX) - London Stock Exchange Group plc (LSEG.L) reported
Thursday that its first-quarter gross profit went up 6.9 percent to 1.89 billion
pounds from last year's 1.81 billion pounds.

The growth was slightly ahead of total income excluding recoveries as a result
of the lower growth in cost of sales.

Total Income excl. recoveries grew 4.1 percent to 2.09 billion pounds from prior
year's 2.01 billion pounds. Total Income iincluding recoveries increased 3.9
percent to 2.18 billion pounds from last year's 2.10 billion pounds.

Looking ahead, the company said it is confident of continued growth and
improving profitability. The company is on track to deliver all financial
guidance provided in November 2023's Capital Markets Day.

David Schwimmer, CEO said, 'We have started the year well, delivering another
quarter of solid growth consistent with our plans... We continue to make strong
progress in our Microsoft partnership, with a number of products expected to be
in external pilot or general release this half. We are now picking up the pace
of migrating our datasets onto the Microsoft platform, which will transform
access to our data for customers. We look forward to further progress in the
rest of the year.'

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