CMC Markets PLC (LSE:CMCX, FRA:T8Q) shares jumped more than 20% on Wednesday, changing hands at 562.5p, after the firm upgraded full-year 2027 income guidance after continued growth in its B2B business lifted expectations for margins and profit.
The online trading group said it now expects net operating income for FY2027 to be at least £550 million, materially ahead of its previous guidance range of £460 million to £480 million. EBITDA guidance was set at £250 million.
Operating expenses excluding variable remuneration are still expected to be approximately £280 million, leaving higher expected income to flow through a largely fixed cost base.
CMC said the performance reflected the scale of its B2B platforms, which are driving operational gearing and higher profit margins. It added that the B2B platform business remains positioned to scale, with several milestones expected over the next 12 months and a continuing pipeline of new opportunities.
The group’s next scheduled update is its HY2027 interim results on 19 November.
