IG Group Holdings plc (the "Group") issues the following trading update in respect of its first half ending 30 November 2011.
Following on from a strong first quarter, the Group has continued to experience high levels of client activity during the second quarter of its financial year. As a result, the Group currently expects that it will achieve revenues in excess of £193.0m for the first half, compared to £156.7m in the corresponding period for the prior year. This would represent growth of at least 23%. Costs have been in line with management's expectations.
The Group will issue a more detailed trading statement on Tuesday 13 December 2011 for the period ending 30 November 2011.
