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Trading Update

Date: 31-01-2007
Source: IFG

The Group performed well across its three Divisions in 2006. We have now completed and integrated the Jersey based "Langtry Trust" acquisition which continues the execution of our International strategy.

The Group has in addition to achieving targeted debt reduction also re-structured its debt with a significant associated decrease in costs.  With a strong balance sheet we are now well placed to grow organically and through acquisition.

The backdrop of generally favourable market conditions in each of our businesses also continues to underpin growth and development.  The Group therefore is confident of delivering consistent growth in each division in our next stage of development.

                       ____________________________________________

For further information contact

Mark Bourke

 

 

Chief Executive

IFG Group plc

Telephone (00 353 1) 2752800

 

E-Mail : mark.bourke@ ifg.ie

 

 

 

 

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© IFG Group plc 2007
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