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London Capital Group returns to loss as 2015 revenue drops 32%

27th January 2016 10:55 am GMT

Shares in spread betting and CFD provider London Capital Group (LCG) slumped by more than 17 per cent in London Wednesday after the company said that it expected revenue to be down by nearly a third for 2015.

Group revenue from continuing operations is expected to be down by 32 per cent to £15.5m for the full year, with adjusted loss before tax expected to be in the region of £13.9m, compared to a profit of [...]

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