31st Oct 2023 09:47
TP ICAP Group PLC - London-based interdealer broker in financial, energy and commodities markets - Revenue in third quarter ended September 30 is GBP512 million, up 1% from a year before, or 5% at constant currency. Within this GB revenue is down 6% at actual currency rates, E&C revenue is up 22%, Liquidnet is up 3%, and Parameta Solutions is up 2%. For the first nine months of the year, revenue is GBP1.64 billion, up 4%, or 2% at constant currency. TP ICAP says it is trading in line with board expectations, and 2023 results will be released on March 12 next year.
Current stock price: 161.00 pence, down 2.4% in London on Tuesday
12-month change: down 13%
By Tom Waite, Alliance News editor
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