Accuracy Coverage Pricing Contact

Plus 500 increases its 2018 interim dividend by 477%

Investment Tools Ltd.
Plus 500 increases its 2018 interim dividend by 477%

Plus 500 interim results

Record first half results benefitted from:

o Exceptional first quarter combined with a good second quarter performance

o Active Customers - significant increase of 121% to a record level of 248,564 (H1 2017: 112,317)

o New Customers - growth of 75% to 94,148 (H1 2017: 53,881)

o ARPU - increased 12% to $1,873 (H1 2017: $1,678)

o AUAC - decreased 19% to $677 (H1 2017: $836)

·   Interim dividend - significant increase in shareholders returns reflecting the outstanding first half performance; a total interim payout of $157.0 million (H1 2017: $27.2 million) or $1.3786 per share (H1 2017: $0.2388) declared in relation to the period

 

Operational Highlights:

·   Strong progress and trading activity:

o Plus500's internationally regarded brand strengthened further due to the Group's technology  

             edge and unique omni-channel offering 

o Total number of transactions in H1 2018 increased by 51% in comparison to last year

o Geopolitical events resulted in higher than expected market volatility with new and existing customers trading a diverse range of instruments

·   Continued expansion of global presence and diversification of revenues outside the European Economic Area ("EEA"):

o New Commodity Broker's Licence issued to Plus500SG Pte. Ltd. in Singapore

o Australian revenues seven times last year, driven by a fivefold increase in Active Customers

·   Listing and admission to trading on the premium segment of the London Stock Exchange's Main Market completed on 26 June 2018

 

Companies mentioned

Latest News

Investment Tools Limited

Avon Rubber 2018 final results

Read more
Investment Tools Limited

Workspace 2019 interim results

Read more
Investment Tools Limited

Land Securities 2018 interim results

Read more
Investment Tools Limited

DCC 2019 interim results

Read more
Investment Tools Limited

B&M European value retail 2019 interim results

Read more
Investment Tools Limited

Adept technology 2019 interim results

Read more
Investment Tools Limited

Softcat 2018 final results

Read more
Investment Tools Limited

Bellway 2018 final results

Read more
Investment Tools Limited

Ferguson 2018 Final results

Read more
Investment Tools Limited

Inland Homes 2018 final results

Read more
More News