The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDesign Group Share News (IGR)

Share Price Information for Design Group (IGR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 214.00
Bid: 210.00
Ask: 218.00
Change: 0.00 (0.00%)
Spread: 8.00 (3.81%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 214.00
IGR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: IG Design plunges after cutting guidance

Tue, 26th Oct 2021 11:30

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

----------

AIM - WINNERS

----------

Harvest Minerals Ltd, up 27% at 4.00 pence, 12-month range 2.06p-4.80p. The fertiliser producer and operator of the Arapua project in Brazil says it has exceeded its total 2021 sales target of 80,000 tonnes of KP Fertil, better than two months ahead of schedule. Harvest expects momentum to remain strong for the rest of the year and anticipates a robust start to 2022. Sales orders from January to October 16 are 80,701 tonnes, more than double the same period in 2020, and above the annual sales target of 80,000 tonnes.

----------

AIM - LOSERS

----------

Europa Metals Ltd, down 33% at 5.76p, 12-month range 5.00p-15.60p. Shares in the Europe-focused metals explorer fall to 12-month low after saying it will raise up to GBP1.5 million via a share placing and a subscription. Europa will issue up to 30 million new shares at 5.00p a share with institutional and other investors. This is a 42% discount to Monday's closing price of 8.60p. Europa will use the proceeds to pursue further projects and acquisition opportunities.

----------

IG Design Group PLC, down 31% at 303.31p, 12-month range 301.11p-653.00p. Shares in the consumer gift packaging firm hit a 12-month low as it cut its guidance amid logistical disruption within its supply chain during the half year to September 30. IG Design expects full-year operating margins to be 175 basis points to 225 basis points lower on a year before, resulting in lower-than-expected earnings in financial 2022. It also sees cost and supply chain pressures continuing for an as-yet unknown period in financial 2023.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
26 Oct 2021 12:00

IN BRIEF: IG Design's earnings to be significantly below expectations

IN BRIEF: IG Design's earnings to be significantly below expectations

Read more
26 Oct 2021 10:09

IG Design lowers earnings expectations amid supply-chain crunch

(Sharecast News) - Stationery and giftware company IG Design Group reported first half like-for-like revenue up 11% on the prior year on Tuesday, and up 5% on pro forma revenues for the six months to 30 September 2019, pre-pandemic, while it lowered earnings expectations amid substantial supply-chain disruption.

Read more
7 Oct 2021 16:06

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
13 Sep 2021 16:09

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
2 Sep 2021 14:55

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
24 Aug 2021 15:08

DIRECTOR DEALINGS: Gamesys, Capital and ActiveOps execs sell shares

DIRECTOR DEALINGS: Gamesys, Capital and ActiveOps execs sell shares

Read more
24 Aug 2021 12:35

TRADING UPDATES: IG Design starts year well; Ilika in Stereax progress

TRADING UPDATES: IG Design starts year well; Ilika in Stereax progress

Read more
24 Aug 2021 10:12

IG Design makes 'good start' to trading year

(Sharecast News) - Greeting cards company IG Design Group said on Tuesday that it has made "a good start" to the new financial year, with growth seen across both its Americas and international divisions.

Read more
16 Aug 2021 16:11

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
16 Aug 2021 13:28

IN BRIEF: IG Design CFO Giles Willits resigns; seeking replacement

IN BRIEF: IG Design CFO Giles Willits resigns; seeking replacement

Read more
5 Jul 2021 15:35

EXECUTIVE CHANGES: Block Energy investor targets chair; Cobra taps CEO

EXECUTIVE CHANGES: Block Energy investor targets chair; Cobra taps CEO

Read more
5 Jul 2021 08:51

IG Design appoints Stewart Gilliland as new chair

(Sharecast News) - Stationery and giftware designer IG Design Group announced the appointments of Stewart Gilliland and Clare Askem to its board on Monday, as non-executive chairman designate and non-executive director respectively, effective immediately.

Read more
16 Jun 2021 12:50

Wednesday broker round-up

(Sharecast News) - Pets At Home: Berenberg reiterates buy with a target price of 540p.

Read more
15 Jun 2021 14:42

TRADING UPDATES: GB Group rebuilds dividend; IPF ups 2021 profit view

TRADING UPDATES: GB Group rebuilds dividend; IPF ups 2021 profit view

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.