Home > Investor Relations > Stock Market Announcements > Announcement Details
Financial Highlights for IFG Group plc (2008 Preliminary Results)
Date: 26-03-2009
Source: IFG Group
Key highlights include:
• Revenue of €109.3 million (2007: €128.8m)
• Adjusted operating profit of €20.1 million (2007: €22.0m)
• Operating profit of €15.0 million (2007: €17.3m)
• Adjusted EPS in cent per share of 22.77 (2007: 24.17)
• EPS in cents per share of 15.69 (2007: 17.42)
• Adjusted dividend in cent per share of 3.63 (2007: 3.63)
• Total assets under administration and advice of circa €53 billion
• Three acquisitions in the year under review successfully integrated into the business
Commenting on the results, Mark Bourke, CEO of IFG Group plc said,
"2008 was a year of excellent performance given particularly difficult markets and sterling’s weakness. The Grouphas continued to strengthen its core administration, advisory services and growing the assets under our administration and advice.
Our strategy of building diversified and geographically spread income streams is proving resilient in adverse economic conditions and will leave us well positioned for any economic recovery. 2009 will be a very challenging year, but one in which IFG expect to deliver solid results."
For further information contact
Mark Bourke
Chief Executive
IFG Group plc
Telephone (00 353 1) 2752800
E-Mail : mark.bourke@ifg.ie
Registered in the Republic of Ireland No. 21010
Registered Office: IFG House, Booterstown Hall, Booterstown, Co. Dublin
Tel: + 353 (0)1 2752800 | Fax: + 353 (0)1 2752801
Email: group@ifg.ie