Trading Statement
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CMC Markets Plc ("CMC" or the "Group"), a leading global provider of online retail ("D2C") and institutional ("B2B") platform technology, today issues a trading update for FY 2024.
Trading Update
The Group delivered a strong performance in the third quarter of FY24. This was driven by an improvement in market conditions led by an increased contribution from the B2B and institutional business with the Group benefiting from the long-term investments in this area. As a result of this strong performance the Group now expects to generate FY24 net operating income of between £290-£310 million from the previously guided range of between £250-£280 million.
The next scheduled update to the market will be the FY24 pre-close update on 9 April 2024.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is considered to be in the public domain.
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