IG Group Raises Revenue Forecast Again Amid Market Volatility

Deep News
May 19

UK-based financial derivatives trading platform IG Group announced on the 19th that, driven by strong first-quarter performance, it has raised its annual and medium-term revenue expectations for the second time this year. This positive news spurred a significant surge in the company's share price, which rose more than 8% on the day.

Performance data revealed that for the first quarter ended March 31, IG Group's total revenue increased by 19% year-on-year to £331.2 million. Based on the current business growth momentum, the group now expects its revenue for the 2026 fiscal year to achieve a significant increase of 10% to 15% from the £1.1 billion (approximately $1.47 billion) projected for 2025. This is substantially higher than the previously announced expectation of mid-to-high single-digit growth. For its medium-term outlook, the group anticipates that business revenue growth will remain around 10%, with its core profit margin staying within the range of approximately 45%.

The capital market responded positively to the company's latest performance guidance. During trading on the 19th, shares of IG Group, a constituent of the UK's FTSE 100 index, rose as much as 9.8% to 1,730 pence, making it one of the top gainers in the benchmark index that day. Additionally, internal information suggests that the group is currently evaluating the possibility of relisting in the United States.

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