ICAP Fiscal 2015 Profit Dips

reported a 21 percent drop in its pretax profit for the fiscal 2015. ICAP's pretax profit for the year slipped to 95 million pounds ($108.2 million), compared to GBP121 million, in the year-earlier period. Profit to owners of the company slipped to 84 million pounds, versus 101 million pounds. EPS dropped to 12.8 pence from 15.4 pence. Its trading pretax profit declined 15 percent to GBP229 million, while trading EPS fell to 28.1 pence from 32.6 pence. Its revenue dropped to GBP1.28 billion from GBP1.38 billion. The company declared a final dividend of 15.4 pence a share. ICAP shares fell 0.11 percent to close at $17.59 yesterday.