Strategic Execution
Executed growth strategy to add geographies, product capabilities and new clients to our platform:
Completed the acquisition of Agrinvest, a Brazilian agricultural commodities business, on 1 July 2025, expanding our footprint in South America
Hamilton Court Group acquisition completed on 1 July 2025, expanding our FX capabilities in EMEA
Announced the acquisition of Winterflood Securities on 25 July 2025, a leading UK equity market maker, enhancing Marex’s existing UK cash equities business, adding new clients and a proprietary trading technology platform to Marex
Prudent approach to capital and funding: continued to hold significant levels of surplus liquidity following issuance of $500 million 3-year senior unsecured notes in May, further diversifying our sources of funding
Risk management discipline: robust approach to managing risk while supporting our clients ensured low credit provisions through periods of market volatility
Dividend: Q2 2025 dividend of $0.15 per share, to be paid in the third quarter of 2025
Further reduction in private equity shareholding: a significantly oversubscribed secondary offering in April and subsequent sell-downs by the pre-IPO private equity shareholders, resulted in their residual ownership reducing to 17%
| 3 months ended |
| 3 months ended |
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| 6 months ended |
| 6 months ended |
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Financial Highlights: ($m) | 30 June 2025 |
| 30 June 2024 |
| Change |
| 30 June 2025 |
| 30 June 2024 |
| Change |
Revenue | 500.1 |
| 422.1 |
| 18% |
| 967.4 |
| 787.9 |
| 23% |
Profit Before Tax | 103.6 |
| 80.1 |
| 29% |
| 201.6 |
| 139.0 |
| 45% |
Profit Before Tax Margin (%) | 20.7% |
| 19.0% |
| 170 bps |
| 20.8% |
| 17.6% |
| 320 bps |
Profit After Tax | 76.7 |
| 59.3 |
| 29% |
| 149.2 |
| 102.9 |
| 45% |
Profit After Tax Margin (%) | 15.3% |
| 14.0% |
| 130 bps |
| 15.4% |
| 13.1% |
| 230 bps |
Return on Equity (%) | 28.4% |
| 28.7% |
| (30) bps |
| 28.6% |
| 25.4% |
| 320 bps |
Basic Earnings per Share ($)2 | 1.03 |
| 0.81 |
| 27% |
| 2.01 |
| 1.41 |
| 43% |
Diluted Earnings per Share ($)2 | 0.98 |
| 0.76 |
| 29% |
| 1.91 |
| 1.32 |
| 45% |
|
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Adjusted Profit Before Tax1 | 106.4 |
| 91.5 |
| 16% |
| 202.7 |
| 159.2 |
| 27% |
Adjusted Profit Before Tax Margin (%)1 | 21.3% |
| 21.7% |
| (40) bps |
| 21.0% |
| 20.2% |
| 80 bps |
Adjusted Profit after Tax Attributable to Common Equity1 | 77.0 |
| 66.8 |
| 15% |
| 145.3 |
| 115.7 |
| 26% |
Adjusted Return on Equity (%)1 | 31.4% |
| 36.6% |
| (520) bps |
| 30.7% |
| 31.6% |
| (90) bps |
Common Equity | 981.1 |
| 729.2 |
| 35% |
| 946.4 |
| 731.5 |
| 29% |
Adjusted Basic Earnings per Share ($)1,2 | 1.08 |
| 0.96 |
| 13% |
| 2.05 |
| 1.70 |
| 21% |
Adjusted Diluted Earnings per Share ($)1,2 | 1.02 |
| 0.90 |
| 13% |
| 1.95 |
| 1.59 |
| 23% |
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Read More: Marex Group plc announces second quarter 2025 results
