IG Group (IGG.L) posted strong earnings figures for the first half this morning. the group announced a 17 per cent rise in pre-tax profit of 95.1m pounds.
Highlights of the announcement include:
Pre-tax profit up 17 per cent
Revenue boosted by growth in UK and Europe
Dividend in line with prior year (5.75p per share)
in a statement, Chief Executive Time Howkins said “The performance in the first half was satisfactory, with revenue, profit and cash generation all well ahead of what was a particularly subdued prior half year, importantly, we continue to make good progress in executing on our strategy aimed at attracting and retaining active traders, broadening our offering and product set and developing the business globally. I believe the investment over the next few years in a number of exciting and key long-term initiatives will help us to deliver good levels of growth into the future.”
IG Group (IGG.L) posted strong earnings figures for the first half this morning. the group announced a 17 per cent rise in pre-tax profit of 95.1m pounds.
Highlights of the announcement include:
Pre-tax profit up 17 per cent
Revenue boosted by growth in UK and Europe
Dividend in line with prior year (5.75p per share)
in a statement, Chief Executive Time Howkins said “The performance in the first half was satisfactory, with revenue, profit and cash generation all well ahead of what was a particularly subdued prior half year, importantly, we continue to make good progress in executing on our strategy aimed at attracting and retaining active traders, broadening our offering and product set and developing the business globally. I believe the investment over the next few years in a number of exciting and key long-term initiatives will help us to deliver good levels of growth into the future.”
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