17 October 2012 – trading statement
A strong trading statement on its Q3 performance has seen shares in IPF continue to run. Revenues in Q3 were over 9% higher than Q3 2011 although pre-tax profit was at a similar level to last year at £27.2m (2011: £27.0m) partly due to exchange rate fluctuations. However, pre-tax profits so far for 2012 are slightly down on 2011 and after such a strong run in the share price we would be tempted to TAKE PROFITS.