Posts in LSE:IGR

Ig Design Group Plc: It's A Wrap!

IG Design Group plc. (“Design Group”) has issued its trading update for Q3 and the crucial Christmas period. Trading has been strong with margin improvement across all geographies. Previously announced initiatives are all progressing as expected and the Group is confident that it will exceed market expectations for FY18 and continue to mitigate against any cost head-winds. Additionally, proposed tax changes in the US should result in an uplift to EPS forecasts from 2019, although this is not included in our forecast. We raise our EPS forecast to 21.5p (up 7%) for FY18 and to 23.6p (up 4.5%) for FY19.
Progressive Research
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IG Design Group Plc

IG Design upgrades guidance after strong Christmas

IG Design Group has upgraded its guidance following strong trading up to and throughout the Christmas period.

The group said it expects to deliver record revenues in FY18 with the continued expansion of its global footprint outside the UK.

It said: 'All regions are on track to achieve year on year revenue and profit growth and we are therefore pleased to upgrade the group's full year performance with diluted earnings per share expected to be ahead of current market expectations and delivering strong year-on-year growth.

Miton's Gervais Williams reveals recent trades

Miton's Gervais Williams reveals recent trades

Top small-cap fund manager, Miton's Gervais Williams, talks about his approach to trading micro stocks, recent trades, and investment opportunities in 2018.

IG Design completes Oz acquisition

IG Design Group has completed the acquisition of the trade and certain assets of Biscay Greetings, a leading greetings card and paper products business based in Australia, as previously announced on 21 Sep. The acquisition, made through Design Group's Australian joint venture Artwrap, was satisfied by a cash consideration of A$8.9m using local debt facilities.

The consideration represents 2.7x EBITDA for the year ended 30 Jun 2017 although an injection of working capital of up to A$3m will also be required.

Director Deals - IG Design (IGR)

Giles Willits, Executive Director, bought 43,573 shares in the company on the 15th December 2017 at a price of 405.07p. The Director now holds 93,753 shares.

NOTE: Average price over 4 transactions 11-15th Dec.2017

Director deals data provided by www.directorsholdings.com

Director Deals - IG Design (IGR)

Giles Willits, Executive Director, bought 50,000 shares in the company on the 8th December 2017 at a price of 403.00p. The Director now holds 50,000 shares.

Director deals data provided by www.directorsholdings.com

Director Deals - IG Design (IGR)

Anthony Lawrinson, Director, sold post-exercise 50,000 shares in the company on the 8th December 2017 at a price of 403.00p. The Director now holds 25,000 shares.

Director deals data provided by www.directorsholdings.com

Director Deals - IG Design (IGR)

Anthony Lawrinson, Director, exercised 75,000 shares in the company on the 8th December 2017 at a price of 0.00p. The Director now holds 75,000 shares.

Director deals data provided by www.directorsholdings.com

Ig Design Group Plc: Better By Design

IG Design Group plc. (“Design Group”), is an industry leading, global retail supplier. It operates in four main categories: Celebrations, which includes gift wrap, cards, crackers and bags; Stationery and Creative Play, Gifting and Not-For-Sale Consumables. It is differentiated by its concept of end-to-end design which takes a whole-process engineering approach from building customer relationships, through sourcing and manufacturing to delivery. It pays meticulous attention to customer requirements, making considered investment in manufacturing capacity, sourcing expertise and achieving incremental cost reduction gains which protect margins in the face of cost pressures. It is focused and entrepreneurial in its search for new revenue streams in adjacent product categories. Strong first half-performance sees management confident of meeting or exceeding full-year expectations.
Progressive Research
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IG Design Group Plc

Director Deals - IG Design (IGR)

Mark Tentori, Non Executive Director, bought 7,404 shares in the company on the 29th November 2017 at a price of 405.00p. The Director now holds 7,404 shares.

Director deals data provided by www.directorsholdings.com