ICAP maintains its 2017 interim dividend

DividendMax Ltd.

ICAP maintains its 2017 interim dividend

Group highlights

The transaction with Tullett Prebon (the Transaction) has received FCA clearance and remains on track to complete this year, subject to outstanding change of control consents

Group revenue from continuing operations increased by 11%, and was flat on a constant currency basis

Trading profit before tax from continuing operations decreased 7% to £51 million

Profit before tax from continuing operations increased 78% to £66 million

Signed three year $65 million deal with China Foreign Exchange Trade System (CFETS) to deliver technology for electronic execution services

Market share gains in trading activity on Electronic Markets in US Treasuries, Asian NDFs and FX Forwards

Added ENSO Financial Analytics (ENSO) and Abide Financial (Abide) to the Group, complementing our ability to support customers across the transaction lifecycle

ICAP's global hybrid voice broking and information business's trading profit before tax for the period increased 28% to £59 million; trading profit margin increased by 2 percentage points to 14%

Interim dividend payment to shareholders maintained at 6.6p per share

Companies mentioned