IG Design Group (IGR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

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

IG Design shares jump on first-half update

By Josh White

Date: Thursday 20 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Giftware and stationery designer IG Design said in an update on Thursday that both of its divisions, DG Americas and DG International, experienced "strong trading" in the first half.
The AIM-traded firm said that as a result, its sales, profits, margins and cash flow were expected to be "significantly improved" on the same period last year, and also ahead of the Board's expectation for the period.

It said the main reason for the performance was that many customers had brought forward their seasonal ordering in the six months ended 30 September, so as to avoid the supply chain challenges experienced in the second half of the 2021 calendar year.

That performance reflected the "strong relationships" sustained with customers, and the ongoing demand for the group's products, the board said.

"Given the bring-forward of orders during this period, the Board believes the trading results for the full year to 31 March will have a strong first-half weighting, but overall will remain in line with the board's expectations for the year as a whole," the directors said in their statement.

"This represents a small year-on-year improvement in profits compared to the prior financial year.

"The board's outlook continues to reflect ongoing input cost inflation and signs of a general downturn in consumer sentiment across all of our markets as a result of the tougher economic environment."

IG Design said it would provide further details on its performance, along with an updated outlook, in its results for the six months ended 30 September on 30 November.

At the close on Thursday, shares in IG Design Group were up 7.41% at 87p.

Reporting by Josh White at Sharecast.com.

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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 235.00p
52 Week Low 111.00p
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
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% 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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