29 February – Final results
Despite challenging economic conditions, IPF delivered record results in 2011 with profit before tax increasing 9% to £100.5m ( £92.1m 2010). The Group has seen a 9% increase in customer numbers yet with strong credit controls has seen an improvement in its impairment ratio. The company are confident of further progress in 2012. However, the stock can be volatile and after a fantastic run we would TAKE PROFITS.