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IG Group, the UK’s largest spread betting company, is pleased to announce continued growth in its revenues and profits, in a complete reversal of the general downward trends in the financial services industry.

In its half-year results, IG Group reported turnover of £126.5million for the six month period ending 20 November 2008 – an increase of 47%. EBITDA grew 24% to £60.3million and the interim dividend rose by 33% to 4.0p per share.

IG Group’s core business of financial spread betting has enabled it to benefit from market volatility in a unique way, aided by PureDeal, its award-winning online share trading platform. Tim Howkins, Chief Executive, explains: ‘IG Group’s recent growth was achieved against a backdrop of steadily worsening capital market and economic conditions...

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