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IG Group widens net profit following H1 revenue growth

14th January 2014 9:01 am GMT

Financial spread betting firm IG Group Holdings has reported an 8 per cent increase in net trading revenue to £182.7m for the six month period ended November 30th, with strong growth in Europe offsetting a decline in the company’s operations in Australia which was negatively impacted by the weakness in the Australian dollar.

IG said that although broad market conditions were similar to last year, with relatively low levels of volatility across financial markets for much [...]

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