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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: 212.50
Bid: 210.00
Ask: 215.00
Change: 1.50 (0.71%)
Spread: 5.00 (2.381%)
Open: 211.00
High: 212.50
Low: 211.00
Prev. Close: 211.00
IGR Live PriceLast checked at -

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AIM WINNERS & LOSERS: IG Design plunges after profit warning

Wed, 26th Jan 2022 11:23

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

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AIM - WINNERS

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Sensyne Health PLC, up 25% at 19.00 pence, 12-month range 14.00p-190.00p. The healthcare technology firm says it has successfully completed a financing agreement for up to GBP11.4 million. Earlier this month, Sensyne had warned it would not be able to trade beyond February without the cash injection.

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Revolution Beauty Group PLC, up 14% at 110.00p, 12-month range 95.18p-173.00p. The beauty and personal care products maker and retailer reports strong sales over the peak Christmas trading period, which increased 41% year-on-year on an underlying basis. Says this was achieved despite a volatile consumer backdrop with many markets going into lockdown. Expands into US with product rollout into over 2,800 Walgreens stores.

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Deltex Medical Group PLC, up 5.1% at 1.26p, 12-month range 1.05p-2.34p. The medical devices manufacturer wins contract worth USD200,000 for its TrueVue monitors from an unnamed "key distributor" in the Americas.

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AIM - LOSERS

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IG Design Group PLC, down 55% at 114.00p, 12-month range 113.00p-625.00p. Shares in craft, gifting and stationery maker hit 12-month low as it says supply chain problems, rising raw material and fulfilment costs, and a drop in demand for crafting in the US have hurt trading. IG Design now expects its financial 2022 adjusted operating profit to fall to a breakeven position, resulting in full year earnings significantly below current market expectations. Says there will be no final dividend payment in relation to the current year and expects that external challenges will continue into financial 2023.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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IG Design Group PLC - Bedfordshire, England-based consumer gift packaging company - Appoints Paul Bal as chief financial officer with effect on May 1.

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(Sharecast News) - Gifts and stationery manufacturer IG Design Group revealed on Wednesday that Paul Bal has been tapped to take over as its chief financial officer.

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IG Design shares tumble on profit warning for annual results

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26 Jan 2022 08:57

IG Design warns over full-year earnings

(Sharecast News) - IG Design tumbled on Wednesday after it warned that full-year earnings would be "significantly" below market expectations and that there would be no final dividend, citing higher costs and lower craft sales in the final quarter.

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IN BRIEF: IG Design profit rises despite supply chain challenges

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IG Design confident despite 'challenging' first half

(Sharecast News) - Greeting card and giftware designer IG Design Group reported a "challenging" first half on Tuesday, with cost headwinds and supply chain limitations leading to lower-than-expected revenue and reduced year-on-year operating margins, despite strong demand.

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