Trading Update

RNS Number : 9267S

IG Group Holdings plc

29 November 2011

 



IG Group Holdings plc

29  November 2011

Trading Update

IG Group Holdings plc (the "Group") issues the following trading update in respect of its first half ending 30 November 2011.

Following on from a strong first quarter, the Group has continued to experience high levels of client activity during the second quarter of its financial year. As a result, the Group currently expects that it will achieve revenues in excess of £193.0m for the first half, compared to £156.7m in the corresponding period for the prior year. This would represent growth of at least 23%. Costs have been in line with management's expectations.

The Group will issue a more detailed trading statement on Tuesday 13 December 2011 for the period ending 30 November 2011.

There will be a conference call for analysts and investors at 8.30am (UK time) on Tuesday 13 December 2011. The call can be accessed by dialing [phone] and using the passcode 1959463

A replay of the conference call will be available for a period of 14 days after the event by dialling [phone] / [phone] and using passcode 1959463#

For further information, please contact:

IG Group                                             020 7896 0011

Tim Howkins               

Chris Hill                     

FTI Consulting                                      020 7269 7237

Neil Doyle

 

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