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Trading statements

IG revenues up

31 May 2017 07:25

IG Group expects full year revenues to be around 7% higher than last time.

An update said that despite a quiet fourth quarter in financial markets, IG's revenue in the period was higher than in the corresponding period last year.

It said: "Total operating expenses in the second half of the year are expected to be at around the same level as reported for the first half.

"This includes a rebate from the Financial Services Compensation Scheme relating to prior years.

"Full year profit before tax and earnings are expected to be modestly ahead of prior year."

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