4 Articles
4 Articles
IG Group Sees FY25 Revenue, Pre-Tax Profit Meeting or Exceeding Upper End of Guidance Range
The company made the announcement in a fourth-quarter trading update, saying the updated forecast has been driven by elevated client trading activity in the fourth quarter. The trading platform cited higher-than-expected volatility across several asset classes, particularly in April, which boosted activity. Market consensus currently estimates FY25 revenue at £1.05 billion and adjusted pre-tax profit at £516.3 million. IG also confirmed that it…
IG Group enjoys higher revenues from Trump-induced volatility
Investment and trading platform firm IG Group revealed the benefits of the Trump-induced market volatility in a short trading statement released on Monday. The FTSE-250 firm revealed that heightened market volatility, particularly during April, has driven client trading activity well above typical levels. IG said it expects its full-year revenue and adjusted profit before tax […] The post IG Group enjoys higher revenues from Trump-induced volati…
IG Group “Performed Strongly” in April as Trading Activity Jumped due to Volatility
IG Group (LON: IGG) expects to close the ongoing fiscal year 2025 with revenue and adjusted profit that “meet or slightly exceed the upper end of the current range” of market expectations. The broker further highlighted that it has “performed strongly in Q4 FY25 as elevated volatility across a range of asset classes, particularly in April, has resulted in higher levels of client trading activity than expected in typical market conditions.”Accord…
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