Dec 16 (Reuters) - British online trading platform IG Group on Tuesday said it expects to deliver revenue growth around the mid-point of its guided range in 2026, supported by robust growth in
IG Group Expects Mid-Range Revenue Growth by 2026
Dec 16 (Reuters) - British online trading platform IG Group on Tuesday said it expects to deliver revenue growth around the mid-point of its guided range in 2026, supported by robust growth in customer activity and numbers.
The company, which had previously forecast a mid-to-high single-digit percentage revenue growth beyond calendar year 2026, has been padding up its client numbers and offerings through acquisitions and new licenses in recent months to mitigate the effects of a challenging market and lower trading activity.
In September, IG Group bought Australian cryptocurrency exchange Independent Reserve to expand its digital offerings and presence in the Asia-Pacific region. It recently acquired new licenses in the UK and EU to expand its spot crypto offerings with further propositions planned for the Asia-Pacific, Middle East and Europe.
IG Group also extended its share buyback program by 75 million pounds ($100.25 million) on Tuesday, taking the total to 200 million pounds.
($1 = 0.7482 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Mrigank Dhaniwala)
