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Regulatory uncertainties hit Plus500 as Q1 revenue drops 9%

26th April 2017 7:39 am GMT

London-listed CFD provider Plus500 has reported a 9 per cent drop in revenue to US$77.5m for the first quarter of 2017, despite enjoying record active customer levels during the period.

The company said that despite regulatory uncertainties in the market, it was able to improve EBITDA by 25 per cent to $45.8m, reflecting the company’s “efficient business model and improved marketing productivity”.

"Plus500 is pleased to announce a strong quarterly performance, with [...]

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