Business News

IFG reports stronger revenues in 2013

FINANCIAL services group IFG has reported revenues up 4.6pc to £79.6m in the year ended December – adjusted operating profit was £9.6m, in line with previous year.

Operating profit was £4.6m, down from £6.2m, the company said today.

IFG also said its Irish business is improving.

“In 2013, the group delivered a solid financial performance, increased revenues and expanded its client and asset base,” said chief executive Mark Bourke, who is stepping down shortly.

“We continued to invest in people, technology and operational capability. New business momentum has been maintained in 2014. With a strong balance sheet, management strength and clear strategic focus, the Group is positioned to deliver growth.”

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