IFG shares down 6% on news of losses

SHARES in IFG slid 6% yesterday after the troubled financial services group announced pre-tax losses of €6.7 million for the year to December.

IFG shares down 6% on news of losses

This compared with profits of €1.6m in 2003 and was largely driven by exceptional losses of almost €9m.

The results failed to meet market expectations.

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