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Pin to quick picksDesign Group Share News (IGR)

Share Price Information for Design Group (IGR)

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Share Price: 232.50
Bid: 230.00
Ask: 235.00
Change: 0.50 (0.22%)
Spread: 5.00 (2.174%)
Open: 232.50
High: 233.00
Low: 233.00
Prev. Close: 232.50
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International Greetings Swings To FY10 Pft; Eyes Profit Growth

Wed, 14th Jul 2010 08:04

LONDON (Dow Jones)--Gift wrap and cards designer and maker International Greetings PLC (IGR.LN) Wednesday swung to a small full-year pretax profit and said that although market conditions remain tough, its order book is encouraging and it is well-placed to increase profit. The firm made a GBP525,000 pretax profit in the year to March 31, compared with a GBP22.8 million loss a year earlier. The move in to the black was prompted by fewer costs, as last year it impaired GBP5.3 million of property, plant and equipment after closing a business, and wrote off GBP3.1 million of inventory and debtors following the administration of a number of U.K. high street retailers. Nonetheless, it swung to a fiscal 2010 GBP3.6 million operating profit from a GBP17.5 million operating loss a year earlier. This offset an 8% fall in revenue from continuing operations to GBP200 million from GBP217 million. Despite the move in to the black, International Greetings didn't declare a dividend payment, instead saying it will review its dividend policy once it is satisfied that there is a consistent upward trend in profits and when its debt has been further reduced. It ended the fiscal with net debt of GBP48.8 million, compared with GBP68.5 million a year earlier. -By Hannah Benjamin, Dow Jones Newswires; 44-20-7842-9298; hannah.benjamin@dowjones.com (END) Dow Jones Newswires July 14, 2010 03:04 ET (07:04 GMT)
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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

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7 Sep 2016 15:03

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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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