UK's CMC Markets plunges after fiscal year profit miss

CMC Markets

05/06/2025 10:23

** British trading platform CMC Market CMCX.L shares slide as much as 17.9% to 233.5p; on track for its biggest pct loss in over four months

     ** Stock among top losers on FTSE mid-cap index .FTMC, which is down 0.28%

     ** Posts FY25 adjusted PBT of 84.5 million pounds ($114.64 million), but falls short of analysts' estimate of 90.6 million pounds, as a per a company poll

     ** Co says recent trading conditions have been supportive, providing good momentum into fiscal 2026

** CMCX to maintain tight cost control while continuing to invest in operational efficiency and platform capability.

     ** Including session loss, stock has fallen 0.74% YTD

($1 = 0.7374 pounds)

 (Reporting by Subiksha S in Bengaluru)

 ((Subiksha.S@thomsonreuters.com))