UK's CMC Markets raises annual profit forecast as B2B demand booms

CMC Markets

01/07/2026 08:02

    July 1 (Reuters) - British trading platform CMC Markets CMCX.L raised its annual profit forecast on Wednesday, citing booming demand from its business partnerships, which span banks, brokers and other financial institutions. 
Here are more details:
CMC forecast net operating income of at least £550 million ($727.92 million) for the year ending March 2027, above its previous outlook of £460 million to £480 million given in June.
The forecast is also above analyst expectations of £385.5 million, according to a company-compiled consensus.
CMC has been focusing on expanding its business-to-business segment, which offers access to larger client bases and higher margins.
Meanwhile, global markets have also whipsawed since the war in Iran began, boosting trading activity.
CMC on Wednesday also forecast annual core profit of £250 million.
The company is scheduled to report its half-year results on November 19, 2026.
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(Reporting by Anushka Chourasia in Bengaluru; Editing by Rashmi Aich)
((Anushka.Chourasia@thomsonreuters.com))