IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

198.10p
   
  • Change Today:
      8.60p
  • 52 Week High: 199.49
  • 52 Week Low: 107.50
  • Currency: UK Pounds
  • Shares Issued: 96.16m
  • Volume: 406,573
  • Market Cap: £190.49m
  • RiskGrade: 195

IG Design reports 'strong' year-on-year growth in sales and profits

By Iain Gilbert

Date: Wednesday 28 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Packaging and stationery manufacturer IG Design Group said it had seen some "positive trading" so far this year, with revenue and profit showing "strong year-on-year growth".
IG Design said its strong performance was the result of a mix of organic progress and the full-year effect of its Impact Innovations acquisition, which was completed in August 2018.

The AIM-listed company's order book and production volumes were both ahead year-on-year and in line with its directors' expectations.

IG highlighted that integration of Impact continued on plan, with the restructuring of manufacturing operations into Memphis now fully supporting the production and conversion activities of its combined US business, and said it remained focussed on cross-selling and product development activities.

Chief executive Paul Fineman said: "Our strong performance to date illustrates our ability to drive organic growth whilst also integrating a large acquisition and delivering the associated operational and financial benefits.

"The investments made in the group are continuing to deliver and this, alongside the benefits of the group's scale and ability to cross-sell, stand the group in good stead to continue to deliver growth in the coming period and beyond."

As of 0910 BST, IG shares had advanced 1.02% to 596p.

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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 198.10p
Change Today 8.60p
% Change 4.54 %
52 Week High 199.49
52 Week Low 107.50
Volume 406,573
Shares Issued 96.16m
Market Cap £190.49m
RiskGrade 195

IG Design Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
85.55% above the market average85.55% above the market average85.55% above the market average85.55% above the market average85.55% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Income Not Available
Growth
82.88% below the market average82.88% below the market average82.88% below the market average82.88% below the market average82.88% below the market average
84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
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
  Interim Final
Ex-Div 09-Dec-21 09-Sep-21
Paid 19-Jan-22 14-Oct-21
Amount 1.25p 5.75p

Trades for 16-May-2024

Time Volume / Share Price
12:16 1,628 @ 197.92p
12:10 4,461 @ 194.73p
12:10 7,330 @ 192.00p
12:09 4,372 @ 198.40p
12:01 1,355 @ 194.60p

IG Design Group Key Personnel

CEO Paul Bal
CFO Rohan Cummings

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