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WorldSpreads issues profit warning

28th January 2011 9:21 am GMT

 Spread betting firm WorldSpreads Group plc said Friday that it expects to post a “small loss” for the year ended March 31st 2011 instead of a profit as previously expected, as a result of slower revenue growth during the second half of the year.

WorldSpreads said it continues to show positive growth in its core trading activities with transaction numbers up by more than 50 per cent versus the previous year, active clients increasing by 40 [...]

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