IFG Group plc announced financial results for the year ended December 31, 2017. For the period, the company reported total revenue of £78,394,000 against £78,465,000 a year ago. Total adjusted operating profit was £10,499,000 against £9,967,000 a year ago. Operating profit was negative £433,000 against £6,226,000 a year ago. Loss before income tax was £381,000 against profit of £6,445,000 a year ago. Loss for the year from operations was £338,000 against profit of £5,250,000 a year ago. Loss attributable to owners of the Parent Company was £338,000 or 0.32 pence per share against profit of £5,250,000 4.98 pence per share a year ago. Cash flows from operating activities was £10,132,000 against £11,769,000 a year ago. Capital expenditure was £4,388,000 against £6,236,000 a year ago.

The company expect both businesses to continue their growth trajectory in markets that offer strong fundamentals. The company is focused on resolving legacy issues that have overshadowed the significant progress the company have made in improving both of businesses, and believe the company is well positioned for improved financial performance in 2018.