IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM 100

   Trade now with Barclays Stockbrokers   Trade now with Barclays   Sponsored by Barclays Stockbrokers

586.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 620.00
  • 52 Week Low: 498.00
  • Currency: UK Pounds
  • Shares Issued: 74.27m
  • Volume: 74,282
  • Market Cap: £435.24m
  • RiskGrade: 71
  • Beta: 0.01

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.

Email this article to a friend

or share it with one of these popular networks:


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 586.00p
Change Today -1.00p
% Change -0.17 %
52 Week High 620.00
52 Week Low 498.00
Volume 74,282
Shares Issued 74.27m
Market Cap £435.24m
Beta 0.01
RiskGrade 71

IG Design Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.51% below the market average36.51% below the market average36.51% below the market average36.51% below the market average36.51% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Price Trend
58.77% above the market average58.77% above the market average58.77% above the market average58.77% above the market average58.77% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average
Income
87.79% below the market average87.79% below the market average87.79% below the market average87.79% below the market average87.79% 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
18.80% above the market average18.80% above the market average18.80% above the market average18.80% above the market average18.80% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% 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 19-Jul-2019

Time Volume / Share Price
16:42 400 @ 581.85p
16:42 400 @ 581.85p
16:42 400 @ 580.04p
16:42 400 @ 580.04p
16:34 445 @ 583.00p

IG Design Group Key Personnel

CEO Paul Elliott Fineman
CFO Giles Kirkley Willits

Top of Page