Updates

IG Group - Turnover jumps 35%

July 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Spread betting firm IG has issued a positive update, which noted continued growth across all its businesses in its financial year to 31 May, with the result that turnover is expected to increase 35% to £120m. Trading was helped by the higher market volatility in recent months as well as accelerated client recruitment. Encouragingly, IG’s EBITDA margin in the second half was higher than in H1, which was depressed by increased business development but the margin for the year as a whole will be down slightly. Meanwhile, its geographic expansion is going well, with client recruitment in Australia double the level of a year ago, while the Singapore and German offices have both started well. IG will announce its full year re ...

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IG Group - Big rise in account openings (September 2009)

IG Group - Volatility triggers higher bad debts (January 2009)

IG Group - Large eps enhancing acquisition underpins forecasts (November 2008)

IG Group - Bounce provides profit-taking opportunity (September 2008)

IG Group (July 2008)

IG Group - Market volatility driving growth (April 2008)

IG Group (March 2008)

IG Group - Sales up 53% in H1 (February 2008)

IG Group - Bolt-on acquisition in US (January 2008)

IG Index (October 2007)

IG Group - Market volatility boosts trading (September 2007)

IG Group (March 2007)

IG Group - Positive trading update (January 2007)

IG Group - Shares hit new high (November 2006)

IG Group - Spread betting firm accelerates overseas expansion (October 2006)

IG Group - Spread betting firm generating a 54% operating margin (September 2006)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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