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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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International Greetings reports surge in full-year profits

Tue, 23rd Jun 2015 08:12

Gift packaging, cards and stationery group International Greetings reported a surge in profits for the year to 31 March and said it was on track to deliver double-digit earnings growth in the future.The company said it exceeded its goals for profit generation, debt reduction and earnings per share over the year and said it was pleased to report an "excellent set of results".Adjusted pre-tax profit increased 21% to £9.2m on sales that were up 2% at £229m as volumes of gift packaging and greetings-related products sold worldwide reached record levels. Earnings per share before exceptional items were up 29% at 10.7p.Underlying profits in Europe in particular were up 32% after the integration of Enper BV Giftware in Holland last summer. Meanwhile, the installation of new gift bag manufacturing facilities in China is expected to be fully deployed throughout 2015/16.Results were also boosted by major licensing wins across the group including new franchises with Disney and Universal Studios.Cash generation was 18% higher at £17.9m, while net debt fell 20% to £29.4m.As promised, the company also restarted paying a dividend a year ahead of schedule wit ha full-year payout of 1p per share."The investments we have made during the period mean we are very much on plan to deliver double digit cumulative average growth in earnings per share and we remain determined to continue to drive performance and reduce leverage," said chief executive Paul Finland.The stock was up 2.7% at 124.82p in early deals on Tuesday.
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29 Aug 2018 13:33

Wednesday broker round-up

(Sharecast News) - Barratt Developments: Citigroup upgrades to buy with a target price of 634p.

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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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