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Challenging market conditions hit IG Group’s H1 profits

15th January 2013 8:54 am GMT

IG Group Holdings said Tuesday that it is pursuing a number of initiatives designed to drive near-term incremental revenue growth which are not dependent on a return to a better external environment, as the company struggles against the backdrop of low market volatility and fragile consumer sentiment.

IG Group reported a 14 per cent drop in revenues to £169.0m for the six month period ended November 30th, which the company attributed to an extremely strong prior [...]

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