IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

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

IG Design FY revenue growth driven by CSS acquisition

By Iain Gilbert

Date: Tuesday 20 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Gifts and stationery products manufacturer IG Design said on Tuesday that full-year reported revenues had surged in the financial year ended 31 March, driven by a full year of trading from CSS Industries following the completion of the acquisition in March 2020.
IG Design finished the year with reported revenues of $870.0m, up 40% year-on-year, reflecting strong growth in the Americas as a result of the CSS acquisition and a much better than expected performance from the firm's international unit, particularly in Australia and Europe.

Despite the impact of Covid-19, like-for-like revenues were down about 5%, with full-year LFL earnings anticipated to be in line with current market expectations.

The AIM-listed group said its customers continued to trade well, with the high sell-through rates seen over the 2020 festive period providing a good basis to build a stronger order book for the new financial year.

Looking forward, IG said while it remains cautious about the ongoing impact of Covid-19 and its associated impact on raw material and freight pricing, the group also stated it was "extremely encouraged" by the resilience of its "diverse customer base" and broad product portfolio.

"Assuming the current progress in opening up the regional economies in which our businesses operate continues, the board expects significant year on year growth in both revenues and earnings in FY2022, in line with current market expectations," said IG.

As of 0920 BST, IG Design shares were up 1.30% at 624.0p.

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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 235.00
52 Week Low 111.00
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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