CMC Markets lifts FY profit and dividend in 'strong' performance
CMC Markets has turned in a 23% rise in full-year pretax profit of £53.4m, from £43.5m, at the same time hiking its dividend 56% to 8.9p a share, from 5.7p.
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The results -- the company's first since listing -- saw net operating income up 18% to £169.4m, from £143.6m.
Chief executive Peter Cruddas described the results as strong.
"We continue to add new products, open new offices and offer new features and tools through our award-winning Next Generation trading platform," Cruddas said.
"Despite a recent easing of trading activity, with these developments and our excellent team, I am confident that CMC will continue to deliver further strong growth."
CMC Markets had active clients of 57,329, from 50,303, with revenue per active client of £2,828, from £2,716. The number of trades hit 66.8m, from 44.6m, and the value of those was £2,071bn, from £1,626bn.