UK's TP ICAP falls after results

TP Icap

05/11/2025 10:10

** Shares of British inter-dealer broker TP ICAP TCAPI.L down 4.39 % at 250.5 p, top loser on London's mid-caps index .FTMC

** Co reports year-to-date revenue for data unit Parameta Solutions up 5% vs 10% year ago

** Co reports YTD group revenue of 1,783 million pounds ($2.39 billion) vs 1,701 million pounds year ago

** Co reports 3% fall in YTD revenue for energy & commodities segment

** Shore Capital analysts say results reflect a slowdown in overall performance and call Parameta's results "disappointingly subdued"

** Up to Tuesday's close, stock had risen 1.55%

 ($1 = 0.7451 pounds)

 (Reporting by Simone Lobo)

 ((Simone.Lobo@thomsonreuters.com, +919920570373))