Reuters
LONDON (Reuters) -London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter versus a year earlier, helped by higher annual subscription value. LSEG's total income, excluding recoveries, came in at 2.12 billion pounds ($2.74 billion) in the three months to September 30 on a constant currency basis, topping a company-compiled analysts' consensus of 2.10 billion pounds. Annual subscription value (ASV), which reflects recurring revenue and is closely watched by analysts, increased 6% in the quarter and the company said it expected ASV growth to remain around 6% for the rest of this year.