Confucius: the man who broke the mountain was the same man who started ...
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IG Group announces H1 FY20 results, expects to return to revenue growth in FY20
UK online trading leader IG Group Holdings plc (LON:IGG) announced its results for the six months ended 30 November 2019 (H1 FY20). Back in December, the broker noted that the net trading revenue in H1 FY20 was expected to be around £250 million, as the prior year period benefited from two months of trading prior to the ESMA product intervention measures coming into effect. IG expects to return to revenue growth in FY20 and total operating expenses to be around £30 million higher than FY19. Highlights include: • Net trading revenue £249.9 million (H1 FY19: £251.0 million). • Total operating expenses £136.3 ... (full story)