IG Group Holdings plc interim results for the six month period ended 30 November 2012.
Operating Summary
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Satisfactory results against an extremely strong prior year comparator |
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Net trading revenue down 14% at £169.0 million |
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Profit before tax down 21% to £81.1 million |
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Diluted EPS down 22% at 16.04p |
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£59.3 million of own funds generated from operations |
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Interim dividend of 5.75p per share, flat on prior year |
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Continued market share growth in three biggest markets |
Tim Howkins, Chief Executive, commented:
"Market conditions so far this year have been challenging for the industry. Against the backdrop of low market volatility and fragile consumer sentiment we have delivered a satisfactory set of results. We continue to maintain an appropriate level of investment in IT and marketing, mindful of the need to balance short term profitability against investment for the long term. This, along with our strong financial position, supports the increasing market lead we have in a number of the countries in which we operate and we believe will help deliver industry-leading growth rates over the longer term."
