LCG Reports Smaller Loss for 2016 as Revenues Surge 50 Percent

[kreslik.news]

UK-based FX, spread betting and CFDs provider London Capital Group (LCG) has disclosed its fiscal results for the 2016 financial year, which were characterized by notable improvements across the board relative to the year prior, according to an LCG statement.

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LCG’s revenues pointed higher during the reported period, coming in at £23.2 million ($30.3 million), up 50 percent from £15.5 million ($20.3 million) the year before. The uptick in the group’s revenue was attributed to enhancements to the brand, marketing strategy ... (read more)