Corporate News

IP Group Plc Posts Narrower Loss In FY23

IP Group plc (IPO.L) posted a pretax loss of 176.3 million pounds for the year ended 31 December 2023 compared to a loss of 343.5 million pounds, last year. Loss per share was 16.53 pence compared to a loss of 33.01 pence.

As of 31 December 2023, the value of the Group's portfolio was 1.16 billion pounds compared to 1.26 billion pounds, last year.

IP Group plc said the Board is not recommending a final dividend for 2023.

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by RTTNews Staff Writer

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