IG Design expects 'record' first-half revenues

(Sharecast News) - Greetings card outfit IG Design expects to report "record" first-half revenues, driven by a solid showing from recently acquired business Impact Innovations.IG told investors on Tuesday that it would deliver its best first-half revenues to date, with all regions on course for record year-on-year revenue and profit growth.The AIM-listed firm revealed that overall revenues and margins, including those from Impact, would be significantly higher than they had been a year earlier.IG said Impact, which it acquired for £50m following a placing for an equal amount back in August, had delivered a "strong" post-acquisition performance, with work on integrating the newly added business to the company's US wing, IG Design Group Americas, progressing well.The London-based group anticipates that its full-year diluted earnings per share performance will trade in line with management expectations, delivering strong year-on-year growth.Chief executive Paul Fineman, said: "We are delighted with a very strong performance during the first half of the year and with good forward visibility of our order book we have strong momentum going into the second half of the year.""We look forward to a full year of record revenues and profits."As of 1130 BST, IG shares had grown 3.41% to 515p.