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First half profits to fall, warns London Capital Group

10th July 2012 6:44 am GMT

Shares in London Capital Group Holdings plc slumped by more than 10 per cent in London this morning after the company said that it expects to report a 33 per cent drop in adjusted profit before tax to approximately £2.0m for the first half of 2012.

While market volatility and volumes remained low in H1, the company said that its retail spread betting and CFD business continued to trade well and revenues [...]

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