1st Jul 2026 08:36
(Alliance News) - CMC Markets PLC on Wednesday lifted its annual guidance, as the shares and spread bets trading platform hailed growth in its business-to-business offering.
Shares in the firm surged 23% to 562.00 pence each in London on Wednesday morning, by far the best FTSE 250 performer in early dealings. The index itself was down 0.1%.
London-based CMC said momentum has "continued to build and scale" in the current financial year.
It now expects net operating income for the year that ends in March 2027 to be at least GBP550 million, "materially" higher than its prior GBP460 million to GBP480 million view. It expects earnings before interest, tax, depreciation and amortisation of GBP250 million.
Net operating income in financial 2026 rose 15% to GBP392.6 million. The guidance for financial 2027 suggests growth will pick up markedly to 40%. Ebitda in financial 2026 totalled GBP117.8 million, so CMC expects it to more than double in the current financial year.
"The strength of this performance reflects the scale of our B2B platforms driving operational gearing and delivering higher profit margins as income growth is delivered against a largely fixed cost base. Our B2B platform business is well positioned to scale with several important milestones expected over the next 12 months and a continuous pipeline of new B2B opportunities. Operational gearing and investing for growth through B2B platforms, products, technology and partnerships continue to drive profit margins higher," CMC said.
The B2B platform, CMC Markets Connect, provides trading and investment services to banks, brokerages and hedge funds.
CMC is to release half-year results on November 19.
By Eric Cunha, Alliance News news editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
CMC Markets