IFG's first-half profits climb to £4m
Company says performance solid, but market conditions tougher
IFG has reported pre-tax profits of just over £4m for the first half of 2016, up from £2.265m a year earlier. Shares fell 9 per cent to €2.01 this afternoon, however, as the company delivered a cautious outlook.
Revenue grew by 16 per cent to £39.9m and adjusted operating profits were 31 per cent higher at £5.8m. An 11 per cent higher interim dividend of 1.6p has been declared.
Chief executive Paul McNamara ...
