IG Group “Performed Strongly” in April as Trading Activity Jumped due to Volatility

IG Group (LON: IGG) expects to close the ongoing fiscal year 2025 with revenue and adjusted profit that “meet or slightly exceed the upper end of the current range” of market expectations. The broker further highlighted that it has “performed strongly in Q4 FY25 as elevated volatility across a range of asset classes, particularly in April, has resulted in higher levels of client trading activity than expected in typical market conditions.”

Breon Corcoran, CEO, IG Group, Source: LinkedIn

According to consensus estimations, IG is expected to generate total revenue between £1.03 billion and £1.05 billion in FY25, while adjusted pre-tax profit is expected in the range of £489.1 million to £516.3 million.

The Winners of Market Volatility

Global stock markets experienced strong volatility since the beginning of April, as US President Donald Trump announced his plans to impose tariffs on almost all countries. Although the base tariff rate was set at 10 per cent, Trump subsequently increased the tariff on China to as high as 245 per cent.

Despite weeks of distress, the markets calmed after Trump suspended the date to impose tariffs and began negotiating trade deals with multiple countries.

Although IG Group’s stock dipped during the market-wide turbulence last month, it rebounded sharply and gained about 11 per cent in the past month. Over the past year, IGG stock has risen by approximately 40 per cent.

The movement of IGG shares in the last 1 year (source: Google Finance)

IG Maintaining Performance Stability

While demand for IG’s services clearly surged in April, the broker also performed well in the previous three quarters of the current financial year. In the first quarter of FY25, which spanned June to August 2024, IG generated £278.9 million in revenue, a 15 per cent year-over-year increase. In Q2 and Q3, the company brought in £243.6 million and £268.0 million, respectively.

IG also completed the acquisition of retail stock trading platform Freetrade on 1 April 2025, in a £160 million cash deal. “Freetrade has continued to trade well in Q4 FY25, with performance tracking in line with the Group’s expectations,” the latest announcement added.

Meanwhile, the London-headquartered broker is enhancing its liquidity position by refinancing its £400 million revolving credit facility, which is due to mature in October 2026, with a new £600 million facility expiring in May 2030. The company aims to increase the scale of its operations and support future growth objectives.

FinanceMagnates.com recently reported that Google lifted the ad restriction on the French entity of IG after seven years. This led to a doubling in monthly visibility and account openings at IG France.

IG Group (LON: IGG) expects to close the ongoing fiscal year 2025 with revenue and adjusted profit that “meet or slightly exceed the upper end of the current range” of market expectations. The broker further highlighted that it has “performed strongly in Q4 FY25 as elevated volatility across a range of asset classes, particularly in April, has resulted in higher levels of client trading activity than expected in typical market conditions.”

Breon Corcoran, CEO, IG Group, Source: LinkedIn

According to consensus estimations, IG is expected to generate total revenue between £1.03 billion and £1.05 billion in FY25, while adjusted pre-tax profit is expected in the range of £489.1 million to £516.3 million.

The Winners of Market Volatility

Global stock markets experienced strong volatility since the beginning of April, as US President Donald Trump announced his plans to impose tariffs on almost all countries. Although the base tariff rate was set at 10 per cent, Trump subsequently increased the tariff on China to as high as 245 per cent.

Despite weeks of distress, the markets calmed after Trump suspended the date to impose tariffs and began negotiating trade deals with multiple countries.

Although IG Group’s stock dipped during the market-wide turbulence last month, it rebounded sharply and gained about 11 per cent in the past month. Over the past year, IGG stock has risen by approximately 40 per cent.

The movement of IGG shares in the last 1 year (source: Google Finance)

IG Maintaining Performance Stability

While demand for IG’s services clearly surged in April, the broker also performed well in the previous three quarters of the current financial year. In the first quarter of FY25, which spanned June to August 2024, IG generated £278.9 million in revenue, a 15 per cent year-over-year increase. In Q2 and Q3, the company brought in £243.6 million and £268.0 million, respectively.

IG also completed the acquisition of retail stock trading platform Freetrade on 1 April 2025, in a £160 million cash deal. “Freetrade has continued to trade well in Q4 FY25, with performance tracking in line with the Group’s expectations,” the latest announcement added.

Meanwhile, the London-headquartered broker is enhancing its liquidity position by refinancing its £400 million revolving credit facility, which is due to mature in October 2026, with a new £600 million facility expiring in May 2030. The company aims to increase the scale of its operations and support future growth objectives.

FinanceMagnates.com recently reported that Google lifted the ad restriction on the French entity of IG after seven years. This led to a doubling in monthly visibility and account openings at IG France.

This post is originally published on FINANCEMAGNATES.

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