Financial Spread Betting Firm IG Group (IGG.L) today posted a pretax profit rise of 1.2%, other headline figures include revenue up 2.4% and the announcement of an increased dividend payment up 21%. IG recommended a final dividend of 22.4p per share, taking the full-year dividend to 28.15p.
Although the market has remained at relatively low volatility for most of the year IG group said it has maintained focus on regular traders, increased US markets trading hours and this has helped to offset the effect.
Chief Executive Tim Howkins, said: “This was a good year for IG, with growth in revenue, profit, cash generation and dividends. Importantly, we also made strong progress on our strategic objectives, designed to deliver the next phase of our growth. We will continue to make significant investments in initiatives, this year and beyond, to deliver sustainable growth into the future.”
Financial Spread Betting Firm IG Group (IGG.L) today posted a pretax profit rise of 1.2%, other headline figures include revenue up 2.4% and the announcement of an increased dividend payment up 21%. IG recommended a final dividend of 22.4p per share, taking the full-year dividend to 28.15p.
Although the market has remained at relatively low volatility for most of the year IG group said it has maintained focus on regular traders, increased US markets trading hours and this has helped to offset the effect.
Chief Executive Tim Howkins, said: “This was a good year for IG, with growth in revenue, profit, cash generation and dividends. Importantly, we also made strong progress on our strategic objectives, designed to deliver the next phase of our growth. We will continue to make significant investments in initiatives, this year and beyond, to deliver sustainable growth into the future.”
Related Posts: