Annual Results 2010
IG Group's results for the financial year ended 31 May 2010 were announced on Tuesday 20 July 2010.
Main highlights of the results included:
Trading revenue up 16% to £298.6 million (FY09: £257.1 million)
Adjusted profit before taxation up 25% to £157.6 million (2009: £125.9 million)
Number of financial clients dealing up 10% to 120,689 (2009: 109,747)
Year-on-year partners business revenue increased by 42% to £48.7m (2009: £34.4m)
Re-positioning of FXOnline in Japan successfully completed
In US, regulatory approval allows futures brokers to trade on our Nadex exchange
Acquisition of Ideal CFDs, a South African online CFD provider
New offices opened in China (representative), Portugal and Sweden
Current trading is strong
The full RNS announcement is available here.
There will be an analyst presentation on the results at 09:30am on Tuesday 20 July 2010 at Financial Dynamics, Holborn Gate, 26 Southampton Buildings, London WC2A 1PB. Those analysts wishing to attend are asked to contact Financial Dynamics. The presentation will also be accessible via a conference call for those unable to attend in person. The international dial-in is +44 (0)20 3059 5845, and then by stating 'results', participants will gain access to the conference call.
A web cast of the presentation will be available here.