IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

146.00p
   
  • Change Today:
      3.50p
  • 52 Week High: 235.00
  • 52 Week Low: 111.00
  • Currency: UK Pounds
  • Shares Issued: 96.16m
  • Volume: 128,337
  • Market Cap: £140.40m
  • RiskGrade: 195

IG Design makes 'good start' to trading year

By Iain Gilbert

Date: Tuesday 24 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Greeting cards company IG Design Group said on Tuesday that it has made "a good start" to the new financial year, with growth seen across both its Americas and international divisions.
IG Design said like-for-like revenues were up 25% year-on-year in the four months ended 31 July, reflecting the group's "ongoing success" with its 'Working with the Winners' strategy.

However, IG did note that it was experiencing "challenging cost headwinds", particularly in relation to sea freight, as well as regional operational disruption relating to the ongoing impact of Covid -19 restrictions on the logistics functions within the company's global supply chain.

However, thanks to "strong sales momentum" and work across the group to mitigate the impact of cost pressures, earnings to date were still said to be in line with expectations.

Looking forward, the AIM-listed group's order book continued to be ahead of the prior year, underpinning a full-year sales outlook ahead of expectations.

Chief executive Paul Fineman said: "Working with the world's winning retailers and e-tailers has helped deliver our double-digit revenue growth for the year to date and underpins our strong forward order book, as we navigate the ongoing impact of Covid-19 across our supply chain.

"Furthermore, while we remain focussed on meeting customer requirements for the current year, we have confidence in our mid-term outlook and continue to implement initiatives that support the execution of our recently announced growth plan."

As of 1110 BST, IG Design shares were down 0.19% to 521.0p.

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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 146.00p
Change Today 3.50p
% Change 2.46 %
52 Week High 235.00
52 Week Low 111.00
Volume 128,337
Shares Issued 96.16m
Market Cap £140.40m
RiskGrade 195

IG Design Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.77% above the market average47.77% above the market average47.77% above the market average47.77% above the market average47.77% above the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Price Trend
20.79% above the market average20.79% above the market average20.79% above the market average20.79% above the market average20.79% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Income
3.35% below the market average3.35% below the market average3.35% below the market average3.35% below the market average3.35% below the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average
Growth
71.86% below the market average71.86% below the market average71.86% below the market average71.86% below the market average71.86% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
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
  Interim Final
Ex-Div 09-Dec-21 09-Sep-21
Paid 19-Jan-22 14-Oct-21
Amount 1.25p 5.75p

Trades for 31-Oct-2024

Time Volume / Share Price
16:10 1,702 @ 148.70p
16:09 588 @ 145.20p
16:06 2,017 @ 148.70p
16:05 60 @ 148.70p
15:58 2,787 @ 148.70p

IG Design Group Key Personnel

CEO Paul Bal
CFO Rohan Cummings

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