IG Group Holdings Plc announce a proposed final dividend of 32.64 pence per share represents a total dividend for the year of 46.2 pence per share, an increase of 1 pence on the prior year, representing a progressive and sustainable increase.
Other financial highlights include:
- Total revenue of £987.3 million (FY23: £1,022.6 million), down 3%.
- Net trading revenue of £844.9 million (FY23: £941.8 million), down 10% due to reduced trading activity.
- Net interest income increased to £142.4 million (FY23: £80.8 million) reflecting higher interest rates.
- Adjusted profit before tax of £456.3 million (FY23: £490.5 million), down 7%. Adjusted profit before tax margin was within the guidance range of mid-to-high 40s at 46.2% (FY23: 48.0%). Statutory profit before tax of £400.8 million (FY23: £449.9 million), down 11%.
- Adjusted basic EPS of 90.3 pence (FY23: 94.7 pence), down 5% on FY23. Statutory basic EPS of 79.4 pence (FY23: 86.9 pence).
- Total capital return of £422.7 million split across dividends paid and shares re-purchased in the period (FY23: £363.4 million).
