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Financial Highlights for IFG Group plc (2009 Preliminary Results)

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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."

For Further information please contact :
Mark Bourke
Chief Executive
IFG GROUP PLC
Tel Dublin (353 - 1) 2752800
E-mail: group@ifg.ie 

© IFG Group plc 2009
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