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Market volatility lifts WorldSpreads revenues

30th November 2011 7:03 am GMT

Financial spread betting firm WorldSpreads has posted an 11 per cent increase in revenues for the six month period ended September 30th as a result of market volatility in the Eurozone.

Revenues from the European division climbed 22 per cent year-on-year to €3.08m, driving revenues from continuing operations up 11 per cent to €8.28m. Gross profit for the period amounted to €5.66m.

Despite strong growth from the European segment, the UK market grew at a slower rate [...]

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