IFG announce pre-tax profits of €15m

In figures released today, financial services and mortgage broker group IFG announced pre-tax profits of €15m for the year ending December 2007, up 23% on the previous year.

IFG also announced operating profit of €17.3 million, up by 21% and turnover of €128.8 million, up by 20%.

Commenting on the figures, Mark Bourke, CEO of IFG Group plc said: “This has been a year of exceptional growth across all of our businesses.

Our strategy of building the assets under our control and expanding the advisory services to our client base is clearly delivering. We now estimate the value of these assets at circa €59 billion.

We believe that even in today’s challenging business environment, with our strategy, the geographical spread of our businesses and the repeat nature of our income streams, we will attain the ambitious targets we have set ourselves.”