RE: Interims...16 Nov 2022 08:31
CMC Markets said pretax profit ticked up to GBP36.6 million in the six months that ended September 30 from GBP36.0 million a year previous. The contracts-for-difference trading platform posted total revenue of GBP174.4 million, up 17% from GBP149.1 million a year prior. Trading net revenue rose by 27% year-on-year to GBP128.4 million, while CMC's Investing net revenue fell 14% to GBP20.8 million. Chief Executive Peter Cruddas said that the period saw an acceleration in activity across FX and commodities, in addition to the normal activity across the company's index flow. He added that CMC is on track to deliver its three-year expansion initiatives, aimed at driving higher revenue. CMC Markets declared a dividend of 3.50 pence, unchanged from a year prior.