LSEG reported full year revenue, excluding recoveries, of £9.0bn (£9.0bn expected), reflecting organic growth of 7.1%, with performance driven by broad based momentum across all divisions. Subscription led recurring revenue growth of 5.9% points to an acceleration over the second half.
Underlying operating profit rose 14.3% to £3.5bn, supported by topline growth and continued margin expansion.
Free cash flow increased to £2.4bn from £2.2bn, while net debt, including leases, stood at £7.6bn at year end.
2026 organic revenue is forecast to grow 6.5–7.5% (6.7% expected), and free cash flow is expected to exceed £2.7bn.
A final dividend of 103p was announced, giving a total of 150p for the year, up 15.4% - alongside plans for a new £3bn share buyback programme.
The shares rose 3.8% in early trading.
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LSEG key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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