IG eyes top-end sales and profit as market volatility boosts trading

Mon, 12th May 2025 09:18

(Alliance News) - IG Group Holdings PLC on Monday said fluctuating financial markets helped increase trading activity in its financial fourth quarter.

In response, shares in the London-based contracts-for-difference trading platform were up 0.6% to 1,096.00 pence each in London on Monday.

IG said the business has performed strongly in the fourth quarter of financial 2025, as "elevated volatility" across a range of asset classes, particularly in April, resulted in higher levels of client trading activity than expected.

As a result of the strong performance, IG currently expects financial 2025 total revenue and adjusted pretax profit to meet or slightly exceed the upper end of the current range of consensus of GBP1.05 billion and GBP516.3 million, respectively.

In the 12 months ended May 31, IG reported revenue of GBP987.3 million and adjusted pretax profit of GBP456.3 million.

IG said Freetrade has continued to trade well in the quarter, with performance tracking in line with the group's expectations. The acquisition was completed in the quarter.

IG also said it has enhanced its liquidity position by refinancing its GBP400 million revolving credit facility, due to mature in October 2026, with a GBP600 million facility expiring in May 2030. It said it intends to supplement existing debt facilities with the issuance of a senior unsecured bond to provide long-term financing.

This will provide additional liquidity to continue investing in accretive growth opportunities, IG said, and evaluate returning capital through further share buybacks.

By Jeremy Cutler, Alliance News reporter

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