Tullet Prebon Trading Update Highlights Positive Performance

[kreslik.news]

Tullett Prebon plc (LON:TLPR) has published a trading statement in relation to the four month period from 1 January 2016. The statement reported that the company had seen an increase in revenue for the quarter, amid mixed trading conditions and follows its positive 2015 year-end results which revealed an increase in revenues across the board.

Revenue

Revenue for Q1 2016 was £291 million ($420 million), 2 percent higher than the £285 million ($411 million) reported for Q1 2015. Trading conditions have reportedly remained mixed, although the pick-up in activity levels in some products and markets noted in the last two ... (read more)