Wednesday, May 12, 2021

TP ICAP First Quarter Revenue Down 9%

TP ICAP (IAPLF.PK, IAPLY.PK, IAP.L) Wednesday reported a 9 percent decline in first-quarter revenue on a constant currency basis to 483 million pounds, compared to 530 million in the prior year. On a reported basis, revenue was down 12 percent from the last year. The company said the results were impacted by extreme volatility across all asset classes.

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