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S&P GLOBAL REPORTS
4th QUARTER AND FULL-YEAR 2017 RESULTS

Completed an Exceptional Year with Strong Fourth Quarter Results

4th Quarter and Full-Year Revenue Grew 14% and 7%, Respectively, Impacted by Divestitures

4th Quarter and Full-Year Organic Revenue Increased 14% and 13%, Respectively

Diluted EPS Decreased 50% to $1.02 in the 4th Quarter and 27% to $5.78 for the Full Year

Adjusted Diluted EPS Increased 44% to $1.85 in the 4th Quarter and 29% to $6.89 for the Full Year

$1.4 billion Returned to Shareholders in Share Repurchases and Dividends in 2017

U.S. Tax Reform Improves 2018 EPS Outlook by More Than $1.00 per Share
 

New York, NY, February 6, 2018
S&P Global (NYSE: SPGI) today reported fourth quarter and full-year 2017 results. The Company reported fourth quarter 2017 revenue of $1.59 billion, an increase of 14% compared to the same period last year. On an organic basis, fourth quarter revenue also increased 14% with growth in every business segment.

Fourth quarter net income decreased 51% to $263 million and diluted earnings per share declined 50% to $1.02 with net gains from business divestitures bolstering fourth quarter of 2016 results and a charge associated with U.S. tax reform in the fourth quarter of 2017. Adjusted net income for the quarter increased 42% to $474 million due to very strong revenue growth, continued productivity improvements, and a lower effective tax rate. Adjusted diluted earnings per share increased 44% to $1.85 aided by a 2% reduction in diluted shares outstanding. Pre-tax adjustments in the fourth quarter of 2017 totaled $124 million and included a legal reserve, lease exit charges, restructuring, and a pension-related charge. In addition, the Company incurred $149 million of tax expense due to U.S. tax reform, primarily associated with the deemed repatriation of foreign earnings, which was partially offset by a $21 million tax benefit related to prior year divestitures.

For the full year, revenue increased 7% to $6.06 billion. On an organic basis, full-year revenue increased 13%. 2017 net income decreased 29% to $1.50 billion and diluted earnings per share decreased 27% to $5.78. 2017 adjusted net income increased 26% to $1.78 billion and adjusted diluted earnings per share increased 29% to $6.89.

“S&P Global had an exceptional performance in 2017. At the beginning of 2017, we set out enterprise goals to deliver financial performance, improve operational excellence, enhance leadership and accountability, and

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The following information was filed by Sp Global Inc. (SPGI) on Tuesday, February 6, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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