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S&P Global Highlights Strong Margins After Mobility Global Spin-Out

S&P Global logoS&P Global
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Andvari Associates’ 2025 and 2026 investor letters point to S&P Global’s profitability across several segments, citing adjusted operating margins for its credit ratings, S&P Dow Jones Indices, and Energy businesses, and noting lower margins for Mobility Global. The notes also mention S&P Global’s recent spin-out of Mobility Global (MBGL) to shareholders, alongside discussion of AI hype and disciplined investing.

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