Revenues up 23% at IG Group

29th Nov 2011 07:14

Spread betting pioneer IG Group saw a high level of client activity in the second quarter of its financial year, continuing the trend seen in the first.As a result, the group currently expects to achieve revenues in excess of £193.0m for the first half, compared to £156.7m in the corresponding period for the prior year, a 23% gain. Costs have been in line with management's expectations.The group will issue a more detailed trading statement on Tuesday, December 13th, 2011 for the period ending November 30th, 2011.--jh