Overview

• IG Group has upgraded its financial year revenue forecast to £1.05 billion and adjusted pre-tax profit to £516.3 million, citing strong market performance.
• Increased trading activity in April, driven by global trade tensions and heightened market volatility, significantly boosted the firm's revenue.
• The acquisition of the Freetrade app added 720,000 customers and £2.5 billion in assets, with performance tracking in line with expectations since the April 1 deal completion.
• The company has repurchased £39.1 million of shares as part of an expanded £200 million buyback program and refinanced a £400 million loan into a £600 million facility maturing in 2030.
• IG Group plans to issue a senior unsecured bond and is set to release its full-year results on July 24.