20th Nov 2013 11:30
For immediate release | 20 November2013 |
Plus500 Ltd.
("Plus500" or "the Company")
Trading update for year ending 31 December 2013
Current trading significantly ahead of market expectations
Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces that following the announcement made on 17 October trading has remained strong and has already exceeded market expectations for the 12 months ended 31 December 2013.
The Company now anticipates that revenues for the year ending 31 December 2013 will be significantly ahead of market expectations.
Plus500 continues to see active customer growth accelerating whilst customer acquisition costs remain stable. This continued strong performance, coupled with favourable market conditions, highlights Plus500's growing market position and the increasing effectiveness of the Company's marketing efforts.
The Company's strategy of listing on the London market to increase brand awareness has contributed to this success.
Company website: www.plus500.com
For further details:
Plus500 Ltd Elad Even-Chen, Head of Investor Relations
| Tel: +972-4-8189503 |
Liberum Capital - Nomad and Broker Chris Bowman / Christopher Britton / Thomas Bective www.liberumcapital.com
| Tel: 020 3100 2000 |
Buchanan Jeremy Garcia / Sophie McNulty / Clare Akhurst www.buchanan.uk.com
| Tel: 020 7466 5000 |
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