Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Notice of Results and sterling reporting

24th Aug 2011 15:27

RNS Number : 9756M
IFG Group PLC
24 August 2011
 



IFG Group plc

 

Notice of results

IFG Group plc will announce interim results for the six months ended 30 June 2011 on Wednesday 31 August 2011 at 7.00am (Dublin time).

 

Conversion to sterling reporting

As stated in the 2010 AGM Statement, the Group will convert to sterling-based reporting this year. This decision recognises that revenues are in excess of 80% sterling denominated and the successful refinancing of borrowings denominated in sterling. Reporting in sterling will align our results with the underlying performance of our business.

 

The 2011 interim results will be the first occasion for sterling reporting. For information purposes, the exchange rates used to convert the 2010 interim Income Statement and Balance Sheet are 0.8700 (average rate) and 0.8175 (closing rate) pence per euro respectively.

 

 

Conleth O'Reilly

Company Secretary

IFG Group plc

Tel: +353 (0)1 275 2800

 

 

 

The Directors of IFG (excluding Peter Priestley) accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information. Mr. Priestley has been excluded from this statement because of his connection with Fiordland Investments Limited, a company which is part of a consortium that has made an approach to IFG in relation to the possibility of making an offer for IFG.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NORSEWFLLFFSEEA

Related Shares:

Ifg
FTSE 100 Latest
Value8,726.01
Change-52.04