Financial Highlights for IFG Group plc (2007 Preliminary Results)
Date: 10-04-2008
Source: IFG Group
2007 Financial Highlights for IFG Group plc (Preliminary Results)
- Turnover of €128.8 million, up by 20%
- Adjusted operating profit of €22.0 million, up by 42%
- Operating profit of €17.3 million, up by 21%
- Adjusted EPS in cent per share of 24.17, up by 43%
- EPS in cent per share of 17.42, up by 16%
- Dividend in cent per share of 3.63, up by 10%
- Total assets under administration and advice of circa €59 billion
- Two substantial acquisitions in the year under review successfully integrated into the business
- Strong balance sheet management with reduced debt levels
Commenting on the results, Mark Bourke, CEO of IFG Group plc said, “This has been a year of exceptional growth across all of our businesses. Our strategy of building the assets under our control and expanding the advisory services to our client base is clearly delivering. We now estimate the value of these assets at circa €59 billion. We believe that even in today’s challenging business environment, with our strategy, the geographical spread of our businesses and the repeat nature of our income streams, we will attain the ambitious targets we have set ourselves.”
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