ICAP Reports 61% Increase In Profit

ICAP Plc

reported a 61% rise in its fiscal-year net profit on Wednesday. The group's net profit increased to 187 million pounds ($303.9 million). Its revenue rose 8.5% to 1.74 billion pounds. The group announced its plans to pay a final dividend of 14.68 pence per share, up from 12.44 pence, in the year-ago period. IAPLY shares gained 0.63% to close at $15.85 yesterday. Read more