UK's Plus500 falls after forecasting FY profit in line with market view
BUZZ-UK's Plus500 falls after forecasting FY profit in line with market view ** Fintech broker Plus500 PLUSP.L shares fall as much as 13.5% to £42.7
** Co forecasts annual revenue profit and revenue in line with market expectations despite jump in half-year customer income** "The board expects FY 2026 revenue and EBITDA to be in-line with current market expectations, following several upgrades this year," CEO David Zruia said in a statement.
** Plu500 in February and April had forecast outlook to be ahead of market expectations
** Current market expectations for revenue and core profit are $811.5 million and $368.1 million, respectively, according to a company-compiled consensus
** Co also posts H1 customer income of $460.8 million, with core profit rise of 1% to $187.5 million
** PLUSP up 21.3% YTD, including session losses
(Reporting by Anushka Chourasia in Bengaluru)