Marex Spectron reports record 36% rise in annual core profit

LONDON (Reuters) - A series of takeovers by Marex Spectron helped push core profits up 36% to a record last year and the commodity broker said on Monday it had strengthened its liquidity position to handle disruption from the coronavirus pandemic.Core profit, or earnings before interest, tax, depreciation and amortisation, rose to $70.5 million (56.64 million pounds) last year from $52 million in 2018, while first quarter net revenues gained 41% to $142.2 million from the same period last year,..