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IGR Ig Design Group Plc

120.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Ig Design Group Plc IGR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 120.50 08:00:11
Open Price Low Price High Price Close Price Previous Close
120.50 120.50 121.50 120.50 120.50
more quote information »
Industry Sector
MEDIA

Ig Design IGR Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
23/11/2021InterimGBP0.012509/12/202110/12/202119/01/2022
15/06/2021FinalGBP0.057509/09/202110/09/202114/10/2021
24/11/2020InterimGBP0.0303/12/202004/12/202015/01/2021
28/07/2020FinalGBP0.057501/10/202002/10/202010/11/2020
26/11/2019InterimGBP0.0305/12/201906/12/201917/01/2020
11/06/2019FinalGBP0.0601/08/201902/08/201916/09/2019

Top Dividend Posts

Top Posts
Posted at 16/4/2024 08:25 by time 2 retire
Can you ask about the likelihood of a divi this financial year please Hastings.
Many thanks.
Posted at 14/3/2024 08:44 by blackhorse23
I think GNC better chance for growth rather than IGR
Posted at 15/2/2024 10:06 by aleman
Concentrate on margin. It's already reduced debt to the point that they can pay a dividend again. Growth will come in time or not but if they keep the better margin, we'll get a decent return through the dividend.
Posted at 08/2/2024 08:06 by darrin1471
Has the EBT scheme supported the share price or put a lid on it?
Revenue growth predictions look easier to forecast than to achieve.
I do not follow IGR as closely as I used to but my view was that volumes were sacrificed for margin. Are IGR going to be able to get those volumes back on higher margins?
Posted at 18/1/2024 15:18 by time 2 retire
Hatfullofsky,
That would be nice but where are you getting these figures from?
IGR got a market cap of £140+million and I think the most they've ever had at year end is circa £45 million.
Posted at 18/1/2024 14:40 by hatfullofsky
IGR could announce net cash near their current market cap by the end of March, it's seasonal but also amazing
Posted at 17/1/2024 18:27 by darrin1471
"Paul Scott / Graham Neary on Stockopedia one of their 2024 stock picks"

Not the one I was thinking of.

The tip did not convince me that I should buy back in. I did go back and look at the last IGR webinar again
Posted at 28/11/2023 10:53 by aleman
We should get another good write-up in the IC. This was published only 6 days ago, with comment on Canaccord numbers after the October update, so it should soon draw another comment with revised numbers tweaked or not.



IG Design rallied in response to a half-year update. It confirmed that it had achieved “significant growth in profit and margins for the six months ended 30 September”. It added that “net debt was significantly lower than a year ago, reflecting strong cash flow”. “Both measures were notably ahead of management’s expectations for the period.” Canaccord Genuity issued a note that valued the company at 12.4 times earnings the current year ending March 2024. More importantly, it expects it to recommence paying a dividend in the following year to March 2025. Even after the rally in the share price, that leaves the stock at 150.5p, on a March 2025 price/earnings (PE) ratio of 5.9 times and a dividend yield of 6.4 per cent. Management is doing an excellent job of restoring the business to profitability. The jump in the share price suggests expectations were at rock bottom. I don’t think it is the only stock in my portfolio where some good news will spark a sharp recovery in the share price.
Posted at 25/10/2023 16:32 by time 2 retire
A nice write up by Canaccord and gives a £2.75 price target...

IGR News

IGR Professional News
Canaccord Genuity reiterates 'buy' rating on IG Design
Wed, 25th Oct 2023 11:10Sharecast News
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on consumer products manufacturer IG Design Group on Wednesday, saying the firm's interim trading update detailed "a robust financial performance" in what remain "challenging market conditions".

Canaccord Genuity said "good progress" continues to be made in improving operational efficiencies and simplifying the business, which has resulted in "significant growth" in profits and margins across the first half. It also pointed out that the improved profitability, coupled with more efficient working capital management, led to "strong cash generation" resulting in significantly lower net debt year-on-year.

"We take encouragement that initiatives aimed at restoring operating margins back to pre-pandemic levels by FY25 continue to gain traction and the aspiration remains on track," it said.

"These initiatives include headcount reductions, the benefit from last year's exit of unprofitable contracts and catch-up pricing, and a more joined-up approach to sourcing, along with the consolidation of group sites. We expect to get more detail on this progress along with an updated outlook at the group's interim results on 28 November. As a reminder, we forecast FY24E adjusted operating profit to improve by 62.5% yoy to $26.1m, with margins improving to 3.2% from 1.8% last year.

Canaccord noted that IG Design has made "good strategic progress" under its new leadership team, with the refinancing at more favourable terms, and successful execution of strategic initiatives driving an improved financial performance. It said the focus going forward remains on recovering margins and future growth opportunities.

IGR trades on a March 2024 estimated enterprise value/underlying earnings ratio of 2.6x dropping to 1.7x March 2025E, continuing to highlight "inherent value" in Canaccord's view. The analysts also reiterated their 275.0p target price on the stock.
Posted at 25/10/2023 09:51 by tomps2
IG Design Group (IGR) H124 results webinar

Tuesday, 28 November, 1:30pm

Paul Bal, CEO & Rohan Cummings, CFO will present interim results followed by Q&A.

Register here: bit.ly/IGR_H1_2024_webinar

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