Ig Design Share Discussion Threads

[wjccghcc] 22/8/2018 16:08

Usually it's at the AGM which is on 5/9 this year.

[time 2 retire] 22/8/2018 15:51

Trading update due.

[time 2 retire] 10/8/2018 09:43

Poundland sells IG cards in all of its stores...

hxxps://www.pgbuzz.net/ig-design-overhauls-poundland-card-range/

[rivaldo] 24/7/2018 12:27

....nice prediction t2r :o))

[time 2 retire] 23/7/2018 14:38

Some nice trades going through, price itching to take off me thinks...

[time 2 retire] 19/7/2018 07:59

IG Design : Design Group Americas Named One Of The Fastest Growing Businesses in Georgia...

hxxp://www.4-traders.com/IG-DESIGN-GROUP-PLC-4002042/news/IG-Design-Design-Group-Americas-Named-One-Of-The-Fastest-Growing-Businesses-in-Georgia-26950777/

[rivaldo] 18/7/2018 14:28

More new highs. Ssshhhh....

[jeff h] 04/7/2018 12:49

I was in a B&M store last week and noticed the greeting cards were all IG Design ones.

Next to them was wrapping paper etc which I assume to also be IGR products.

From the B&M recent results:-

" 47 gross new B&M UK stores opened in the period (39 net) and at least a further 45 net new stores are planned for this financial year as we benefit from the availability of attractive new store opportunities"

....so a source of growth for IGR.

[rivaldo] 03/7/2018 16:01

Thanks from me too ottrott.

[time 2 retire] 02/7/2018 22:50

A good read, cheers ottrott.

[ottrott] 02/7/2018 18:36

hxxps://knowledge.sharescope.co.uk/2018/07/02/when-bad-companies-become-good-ig-design/

[rivaldo] 25/6/2018 12:18

500p up....

[time 2 retire] 20/6/2018 13:16

I wonder when we'll get the RNS covering yesterdays £6 million trade.

[gswredland] 15/6/2018 16:59

Maybe tipped somewhere

[rivaldo] 15/6/2018 16:06

A nice burst of buying this afternoon....

[gswredland] 13/6/2018 11:29

Thanks for the post Rivaldo

[rivaldo] 13/6/2018 11:19

The IC says Buy (gswredland, read down to the bottom....):



"More than paper profits at IG Design

IG Design (IGR) has revealed a marked step up in earnings despite rising input costs. Closure of paper and cardboard plants in Asia have led to a drop off in supply, accelerating price increases. But mitigating actions taken by the greeting card and gift packaging group have been effective, pushing adjusted operating profit up 33 per cent at constant currencies. This stands in contrast to more prosaic top-line growth – ergo unit profitability is on the rise. The net operating margin has climbed 140 basis points to 7 per cent over the year, but chief executive Paul Fineman sees further growth ahead, and is predicting it will reach 8 per cent in the next 12-24 months.

While the group has grown across all regions, the reasons for each areas’ performances differ. However, in general terms, the group has benefited from a move into higher-margin product lines such as gifting, stationery and creative play. Management plans to supplement the business with acquisitions where possible, consolidating its marketplaces and looking into related products it can cross-sell to existing customers. Capital investment came in at £9.4m, against £5.1m in FY2017.

Broker Cenkos upgraded its forecasts following the results announcement and now expects adjusted pre-tax profit of £24.4m in 2019, giving EPS of 24.9p (from £21.4m and 21.8p in 2018).

IC View

Taking into account the rapid growth and ballooning margin, it is unsurprising to see IG’s shares trading slightly ahead of their history and peer group average at around 17 times forecast earnings. However, with further expansion expected and strengthening operating cash flow, we reckon it's still a viable entry point for new investors. Buy."

[gswredland] 13/6/2018 07:50

Any one know what the PE is please?

[time 2 retire] 12/6/2018 23:20

The futures looking good..

IG Design Group Sold 220 Million Cards In The Last Year.

For the first time ever we sold over 220 million greeting cards in the last year,” a delighted Paul Fineman, ceo of IG Design Group revealed to PG Buzz yesterday (June 11) having just announced the group’s buoyant annual results, which covered the 12 months to 31 March 2018.

He confirmed that its greeting card sales are continuing to grow and now account for 11% of the group’s £327.5 million global turnover. Pre-tax profit was up by an impressive 51% to £19.7 million.

The group now claims to be the third largest card and gift packaging player in the world – generating retail sales of an estimated £15 billion.

Expanding from its historic business of supplying grocers with own brand Christmas cards, giftwrappings and crackers the company’s strategy to shift emphasis away from such strong seasonality into everyday has provided successful as has the broadening of its retail customer base. In the last year, only 51% of its sales were for Christmas products with sales of everyday and other seasons products almost on a par.

Sales of its single greeting cards soared by 25% in the last year while the volume of giftwrap it sells grew by 9%.
In the last year it sold 100 million single cards alone and over 1 billion metres of giftwrap having become a major supplier to the value retail varietal chains for greeting cards and other paper products.

It has been well placed to benefit from the global growth of both Aldi and Lidl, with IG’s sales with these two of the world’s largest discount retailers having grown by an “average of 95%” over the last year.

Paul told PG Buzz that its Celebrations business (into which greeting cards fall), which represents 74% of the company’s sales remains “a key area of growth” with the coming year likely to see a further shift into everyday sales and minor occasions.

Partyware represented 5.5% of sales in the last year while licensed merchandise across all products accounted for 13% of total sales.

The group’s acquisition of Australian greeting card company Biscay Greetings and US-based Langs have now been fully integrated. The latter has enabled IGD to grow its calendar business, which saw some 15 million units being sold in the last year, up by 20% on the previous year.

IG Design Group sells products to 10,000 customers, who collective account for 200,000 stores in 80 different countries.

hxxps://www.pgbuzz.net/ig-design-group-sold-220-million-cards-in-the-last-year/

[jeff h] 11/6/2018 18:50

Sounds like another acquisition on the cards (excuse the pun!):-

"Analyst at Berenberg said that the management team had a "clear appetite for acquisitions" which could be beneficial to earnings by 2020."

"This, together with carefully considered M&A opportunities supported by an ever strengthening balance sheet, provides a very bright future."

[jeff h] 11/6/2018 18:43

THE ANALYSTS’ TAKE

‘We are increasingly confident that IG Design can continue to invest, improve efficiency and optimise procurement to consequently deliver earnings growth in the medium term,’ enthuses Berenberg this morning. ‘We therefore upgrade our earnings per share (EPS) numbers by 7.6%/8.5%/13.4% for full year 2019/2020/2021 respectively,’ says the investment bank, sticking with its ‘buy’ rating but upgrading its price target from 500p to 520p.

Meanwhile, Cenkos maintain its ‘buy’ recommendation ‘to reflect IG Design’s next phase of double-digit growth underpinned by high cash generation’. The brokerage raises its full year 2019 EPS forecast by 5.3% to 24.9p, ups its dividend estimate 11.5% to 7.25p and increases its net cash estimate by the best part of 16% to £9.5m.

[time 2 retire] 11/6/2018 16:26

Berenberg Bank reiterates buy recommendation with new target price of £5.20

[time 2 retire] 11/6/2018 16:25

Today in summary by proactiveinvestors...

IG Design Group reports record profits for full-year and hikes final dividend
Share
14:53 11 Jun 2018
The AIM-listed greeting card manufacturer reported pre-tax profits of £19.7mln, up 51% on the prior year

IG Design Group PLC (LON:IGR) has reported record profits in its full-year results, which were accompanied by a hike in its final year dividend.

The AIM-listed greeting card manufacturer reported pre-tax profits of £19.7mln, up 51% on the prior year, while revenues climbed 5% to £327.5mln.


Final Dividend hiked 45%
The firm also hiked its final dividend 45% to 4p, while capital investment during the year nearly doubled to £9.4mln from £5.1mln the year before.

In its outlook, the company said a strong order book and growth across all its regions meant it had opportunities to create growth in the new financial year.

Paul Fineman, IG chief executive, said: “Whilst we have achieved record levels of sales and profits, we have also invested for the future with fast payback capital investment of just over £9.4 million, demonstrating our confidence in the future and our determination to retain a distinct competitive advantage and to be the preferred choice for our customers and all stakeholders.

He added: “With the effective combination of our product and brand portfolio, together with an array of value adding services, we remain very well placed to continue to grow organically, across all regions and channels. This, together with carefully considered M&A opportunities supported by an ever strengthening balance sheet, provides a very bright future.”

In late-afternoon trading Monday, IG shares were up 4.5% at 456p.

[time 2 retire] 11/6/2018 13:56

I just watched the piworld video and a brilliant watch fair play, this company is in very good hands in Fineman and Willets.