IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

125.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 235.00p
  • 52 Week Low: 111.00p
  • Currency: UK Pounds
  • Shares Issued: 96.16m
  • Volume: 60,556
  • Market Cap: £120.20m
  • RiskGrade: 195
  • Beta: 0.55

IG Design H1 reported revenues boosted by Americas and International units

By Iain Gilbert

Date: Monday 19 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Crafting and stationery products manufacturer IG Design said on Monday that reported revenues for the first half had grown year-on-year, driven by better-than-expected showing in its Americas and International units.
IG Design expects reported revenues for the six months ended 30 September to be roughly $435.0m, a 40% increase year-on-year, while group revenues were pegged to be 8.3% lower, reflecting the impact of Covid-19 - particularly in the first quarter, with the second quarter showing a strong recovery.

The AIM-listed group added that CSS revenues in the first half were "marginally down" on the prior year, however, second-quarter sales ended flat year-on-year.

IG also highlighted that it had delivered "a significant year-on-year reduction" in net debt to $23.2m, a marked reduction when compared to the $106.1m reported a year earlier.

Looking forward, IG stated it was continuing to monitor Covid-19 headlines and stated it would take all necessary actions to maximise trading opportunities in the second half.

"The board note that performance in the first half of the financial year is ahead of management expectations but it remains cautious in relation to the full-year outlook, particularly in the context of Covid-19," said IG.

As of 0850 BST, IG Design shares were up 9.38% at 455.0p.

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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 125.00p
Change Today -1.50p
% Change -1.19 %
52 Week High 235.00p
52 Week Low 111.00p
Volume 60,556
Shares Issued 96.16m
Market Cap £120.20m
Beta 0.55
RiskGrade 195

IG Design Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.87% above the market average57.87% above the market average57.87% above the market average57.87% above the market average57.87% above the market average
36.36% above the sector average36.36% above the sector average36.36% above the sector average36.36% above the sector average36.36% above the sector average
Price Trend
28.8% below the market average28.8% below the market average28.8% below the market average28.8% below the market average28.8% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Income
3.79% above the market average3.79% above the market average3.79% above the market average3.79% above the market average3.79% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
72.32% below the market average72.32% below the market average72.32% below the market average72.32% below the market average72.32% 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 21-Nov-2024

Time Volume / Share Price
16:16 4,938 @ 126.50p
16:10 2,165 @ 127.50p
15:45 2,500 @ 127.50p
15:17 1,311 @ 125.68p
13:22 9,283 @ 126.50p

IG Design Group Key Personnel

CEO Paul Bal
CFO Rohan Cummings

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