UK's IG Group raises forecasts as market volatility boosts trading, shares rise (updated)

IG group

19/05/2026 09:24

Corrects company instrument code; no changes to text

May 19 (Reuters) - Britain's IG Group IGG.L on Tuesday raised its annual and medium-term revenue forecasts for the second time this year, after market volatility boosted first-quarter organic revenue, sending the spread betting specialist's shares about 8% higher.

The Iran war has ratcheted up market volatility as investors weigh its impact and shift assets, helping trading activity for platforms such as IG. The company has also sought to tap into faster-growing markets shaped by new trading technologies.

IG now expects 2026 organic revenue growth of 10%–15% over the 1.1 billion pounds ($1.47 billion) it reported in 2025. The group earlier forecast growth at the top end of its mid-to-high single-digit percentage range.

Over the medium term, organic revenue growth of 10% is predicted, with core profit margins in the mid-40s range, consistent with its 2026 expectations.

The FTSE 100 company, which is also weighing shifting its listing potentially to the United States, reported a 19% rise in organic total revenue to 331.2 million pounds for the quarter ended March 31.

IG shares rose as much as 9.8% to 1,730 pence by 0817 GMT and were the top percentage gainer on the benchmark index .FTSE, which was up 0.6%.

($1 = 0.7466 pounds)

 (Reporting by Ankita Bora and Pushkala Aripaka in Bengaluru; Editing by Sonia Cheema and Nivedita Bhattacharjee)

 ((Ankita.Bora@thomsonreuters.com;))