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Date: 30-03-2010
Source: IFG
| Company name | IFG Group PLC |
| Headline | Preliminary Results |
IFG Group plc
Preliminary statement of results for the year ended 31 December 2009
Highlights
IFG Group plc today (30 March 2010) released its preliminary statement of results for the year to 31 December 2009. Key highlights include:
· Revenue of €93.3 million (2008: €105.1 million)
· Adjusted operating profit of €18.0 million (2008: €21.2 million)
· Operating profit of €10.2 million (2008: €16.1 million)
· Adjusted EPS in cent per share of 20.60 (2008: 22.77)
· EPS in cent per share of 8.81 (2008: 15.69)
· Adjusted dividend in cent per share of 3.63 (2008: 3.63)
· Total assets under administration and advice of circa €60 billion
Commenting on the results, Mark Bourke, CEO of IFG Group plc said,
"In 2009 we delivered to expectation and remained highly profitable in our core product lines of Corporate Service and Pension Administration and Advisory. We have transformed the Group through the acquisition of James Hay, the largest provider of SIPPs in the UK. The acquisition was completed in March 2010.
The combination of leading market positions, proven customer proposition and a strong balance sheet is our basis for continued success."
-ends-
For reference:
Mark Bourke Peter Mitchell
Group CEO Business Talk
IFG Group Plc Tel: 087 2599814
Tel: 01 2752800
Link to Preliminary statement of results for the year ended 31 December 2009: http://www.ifggroup.com/downloads/IFG_YE_2009_Prelim_30_03_2010.pdf