IG Group Holdings Plc

 

IG Group Holdings Plc is quoted on the London Stock Exchange (IGG), since 2005 under the sector General Financial and sub sector Specialty Finance. 
IG Group has four main subsiduaries. IG Index Plc , Spread betting on financial, sports, entertainment and politics with igindex.co.uk, igsport.co.uk and igindex.com.au.  IG Markets Ltd CFDs on international shares, plus trading on FX, indices, commodities, options and more with igmarkets.com/.sg/com.au.  Extrabet Ltd traditional fixed odds betting with extrabet.com.  Binarybet.com a cross between fixed odds betting and spread betting on sports and financial markets with Binarybet.com.

IG Group Holdings Plc Share Price

IG Group Holding Plc company News

4th June 2008
In a trading update relating to the financial year ended 31 May 2008. The Group has continued to see strong growth across all of its financial businesses throughout the year The board expects to report an increase in revenue of over 50% to around £184m (2007: £122m) with an EBITDA* margin of approximately 53%.

14th January 2008
Announced Interim Results for 6 months ending 30th November 2007, Turnover up 54% to £85.8 million, EDITDA up 60% to £48.4 million, Earnings per share up 61% to 9.99p Interim dividend of 3p.  Paris and Madrid operations successfully opened, Acquisition of US exchange in December 2007
5th December 2007
Announced a trading update relating to the six-month period ended 30 November 2007. The Board expects to report revenue of around £85m for the six-month period ended 30 November 2007 (2006: £55.7m), representing an increase of approximately 53%
19th November 2007
IG Group agreed to purchase the entire issued share capital of HedgeStreet Inc  for $6.0m, approximately £2.9m, HedgeStreet is a US company which, has operated the HedgeStreet Exchange The Exchange is a US based Designated Contract Market operating under the regulatory oversight of the US Commodity Futures Trading Commission.
23rd July 2007
Announced preliminary results to year ending 31st May 2007 Revenue for the year was up 36% to £122m (2006 - £89m), profit before tax was up 35% to £69m (2006 - £51m). Earnings per share were 14.52p +33% (2006 10.88p) Dividend increased by 55% to 8.5p (2006 5.5p)
Other highlights mentioned Successful launch of TradeSense in UK and recent launch in Australia and Launch of PureDeal dealing platform