IG Group Holdings plc (LSE:IGG) has revised its financial year end from 31 May to 31 December, a move that takes effect immediately. The change brings the company’s reporting cycle in line with standard market conventions, a step expected to improve operational efficiency and provide greater comparability with peers. IG Group has also issued an updated reporting timetable for both the transitional period and future results announcements, confirming that its dividend policy will remain unchanged.
The company maintains a strong financial footing, supported by robust profitability and a healthy balance sheet. Its current valuation appears attractive, characterized by a low price-to-earnings ratio and a generous dividend yield. However, recent softness in revenue and cash flow growth presents moderate headwinds, while technical indicators suggest a neutral near-term trend.
More about IG Group Holdings plc
IG Group Holdings plc is a UK-based FTSE 250 financial services company offering online trading and investment platforms. Through its suite of digital tools and educational resources, IG provides access to around 19,000 global financial markets, serving both retail and institutional clients worldwide.
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