IG Group 1st Half Pretax Profit Up 6.7%
24 January 2017 - 7:27PM
Dow Jones News
LONDON--IG Group Holdings PLC (IGG.LN) reported Tuesday a 6.7%
rise in first-half pretax profit thanks to a higher number of
clients and said trading continues to be in line with
expectations.
The online trader made a pretax profit of 105.2 million pounds
($126.8 million) for the six months ended Nov. 30, more than the
GBP98.5 million made in the previous comparable period. Revenue
rose to GBP263 million from GBP230.6 million.
The board declared an interim dividend of 9.42 pence a
share.
During the period IG received a license from the Financial
Conduct Authority to deliver investments service to clients in the
U.K. together with BlackRock (BLK).
-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter
@OlgaCotaga
(END) Dow Jones Newswires
January 24, 2017 03:12 ET (08:12 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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