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Pin to quick picksDesign Group Share News (IGR)

Share Price Information for Design Group (IGR)

London Stock Exchange
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Share Price: 214.00
Bid: 210.00
Ask: 218.00
Change: 6.00 (2.88%)
Spread: 8.00 (3.81%)
Open: 208.00
High: 216.50
Low: 206.50
Prev. Close: 208.00
IGR Live PriceLast checked at -

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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.

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AIM - WINNERS

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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.

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AIM - LOSERS

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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.

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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.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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28 Aug 2018 09:50

IG Design To Raise Up To GBP50 Million To Purchase Impact Innovations (ALLISS)

LONDON (Alliance News) - IG Design Group PLC on Tuesday said it intends to raise up to GBP50 million as it agrees to buy US gift packaging products supplier Impact Innovations Inc for GBP56.5 such

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28 Aug 2018 09:33

IG Design to buy US gift packaging supplier Impact Innovations for £56.5m

(Sharecast News) - IG Design said on Tuesday that it has agreed to buy US gift packaging supplier Impact Innovations for £56.5m.

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11 Jun 2018 09:54

IG Design Achieves Record Profits And Revenue, Hikes Dividend

LONDON (Alliance News) - IG Design Group PLC said Monday its achieved record annual profits and revenue in all of its regions.For the year ended March 31, IG Design posted a 51% rise in to

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31 May 2018 15:28

Octopus Investments Raises Stake In IG Design Group To 6% (ALLISS)

LONDON (Alliance News) - IG Design Group PLC said on Thursday that Octopus Investments Nominees Ltd had increased its stake in the stationary manufacturer and supplier to 6.0% after a transaction

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18 Apr 2018 12:10

IG Design Considers Upping Dividend Rate Due To Strong Performance

LONDON (Alliance News) - IG Design Group PLC said Wednesday its second half trading will lead to "overall progress and financial performance in line with management expectations" for the

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3 Apr 2018 13:40

IG Design Sells Welsh Site To Power Company For GBP2.5 Million

LONDON (Alliance News) - IG Design Group PLC on Tuesday completed the sale of its site In Wales for GBP2.5 million.The greeting cards company said that a

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5 Jan 2017 07:43

IG Design enjoys merry Christmas

(ShareCast News) - Shares rose in IG Design Group as the stationary and packaging designer said that results over Christmas had been "strong". The AIM-listed company said that following the "strong" performance for the first six months ended 30 September 2016, trading continued to be strong during t

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22 Nov 2016 16:20

UK Earnings, Trading Statements Calendar - Next 7 Days

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7 Sep 2016 15:03

UK Shareholder Meetings Calendar - Next 7 Days

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30 Aug 2016 10:44

IG Design on track to meet full-year market expectations

(ShareCast News) - AIM-listed IG Design said on Tuesday that it is on track to deliver against full-year market expectations after the first-quarter was in line with both management and market views. The company said sales in the first quarter, together with overall customer order levels already rec

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7 Aug 2016 13:59

Sunday share tips: Johnston Press, IG Design

(ShareCast News) - Sell shares in Johnston Press, was the advice of the Sunday Times' Inside the City column. The publisher, recently added to its stable of local newspaper that ranges from the Burnley Express and the Isle of Man Examiner down to the Crawley Observer and Portsmouth's The News, with

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11 Jul 2016 07:13

IG Design Expands In US After Buying Home Decor Product Supplier Lang

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29 Jun 2016 07:44

IG Design Profit Up On Star Wars; Sees No Near-Term Change Post-Brexit

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24 Jun 2016 06:23

International Greetings Changes Name To IG Design Group

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