IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM 100

619.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 620.00
  • 52 Week Low: 498.00
  • Currency: UK Pounds
  • Shares Issued: 74.27m
  • Volume: 161
  • Market Cap: £459.75m
  • RiskGrade: 66

IG Design set to top forecasts after unwrapping strong fourth-quarter

By Iain Gilbert

Date: Monday 15 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Giftware and packaging outfit IG Design Group saw revenues and profits move ahead last year as a result of continued strong trading throughout the final quarter.
As a result of its solid last few months, IG Design now anticipates that its financial performance will be in line with market expectations and significantly up year-on-year.

Revenue was projected to have increased 37%, driven by the acquisition of Impact Innovations and organic growth of 9.9%%, while operating profits looked set to be "significantly ahead", again due to the Impact acquisition and improved overall net operating margins.

Exceptional costs remained in line with expectations at roughly £8-9m, primarily reflecting the acquisition of Impact and the subsequent US restructuring.

Chief executive Paul Fineman said: "Our strong performance in FY19 reflects our close relationships with the world's leading retailers, our focus on innovation and efficiency and the increasing benefit of scale as we continue to grow.

"We look forward to continuing to drive the business forward, with a focus on continued organic growth, supplemented by compelling M&A."

As of 0920 BST, IG Design shares had dipped 2.33% to 586p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IG Design Group Market Data

Currency UK Pounds
Share Price 619.00p
Change Today -1.00p
% Change -0.16 %
52 Week High 620.00
52 Week Low 498.00
Volume 161
Shares Issued 74.27m
Market Cap £459.75m
RiskGrade 66

IG Design Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.05% below the market average45.05% below the market average45.05% below the market average45.05% below the market average45.05% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Price Trend
82.96% above the market average82.96% above the market average82.96% above the market average82.96% above the market average82.96% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income
94.67% below the market average94.67% below the market average94.67% below the market average94.67% below the market average94.67% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
20.91% above the market average20.91% above the market average20.91% above the market average20.91% above the market average20.91% above the market average
48.15% above the sector average48.15% above the sector average48.15% above the sector average48.15% above the sector average48.15% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IG Design Group Dividends

  Latest Previous
  Final Interim
Ex-Div 01-Aug-19 06-Dec-18
Paid 16-Sep-19 18-Jan-19
Amount 6.00p 2.50p

Trades for 14-Oct-2019

Time Volume / Share Price
08:46 161 @ 620.00p

IG Design Group Key Personnel

CEO Paul Elliott Fineman
CFO Giles Kirkley Willits

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