Marex Group plc Announces Third Quarter 2024 Results

Marex Group plc Announces Third Quarter 2024 Results

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) — Marex Group plc (‘Marex’ or the 'Group’; Nasdaq: MRX), a diversified global financial services platform, announces strong results for the third quarter (Q3) and nine months (9M) ended 30 September 2024, and upgraded outlook for the full year.
Financial Highlights
Financial Highlights: ($m)3 months ended 30 September 2024 3 months ended 30 September 2023 Change1 9 months ended 30 September 2024 9 months ended 30 September 2023 Change1Reported           Revenue391.2 296.6         32% 1,179.1 919.0         28%Profit Before Tax79.0 47.6         66% 218.0 157.1         39%Profit Before Tax Margin (%)        20%         16% 400 bps         18%         17% 100 bpsProfit After Tax58.4 32.4         80% 161.3 113.2         42%Profit After Tax Margin (%)        15%         11% 400 bps         1

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