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Date: 31-01-2008
Source: IFG
31 January 2008
IFG Group plc - Trading Statement
The Group delivered excellent overall performance in 2007 with strong growth across three divisions.
Strong demand and high levels of client activity remained the driver of growth in our International division. In the UK, fee based advisory grew very strongly and in Ireland the Group has through its financial services (pension, investment and broking) and property business performed well in a tough market.
Acquisitions during the period in Switzerland and Isle of Man were successfully completed and integrated and are performing to plan.
We continue to benefit from strong annuity based income streams even as Global markets remain volatile. Our robust income streams combined with focus on cash generation and maintenance of a strong balance sheet will continue to sustain the Group’s organic growth and permit us to avail of acquisition opportunities as they arise.
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