JTC sees 'strong' 30% revenue leap with 33% EBITDA margin in HY results

Jersey-headquartered JTC reported a 30.6% increase in total revenue to £121.5m as well as a strong underlying EBITDA margin of 33.1% in its interim results for the period ended 30 June 2023. The global institutional and private client service provider said the results continued its "outstanding record of uninterrupted revenue and profit growth for every one of its 35 years". Client demand for JTC's services continued to be very strong despite global economic and geopolitical challenges, evidenced by net organic growth rising by 21%, and another record in the value of new business wins...