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IGR Ig Design Group Plc

58.50
-0.50 (-0.85%)
14 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ig Design Group Plc LSE:IGR London Ordinary Share GB0004526900 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -0.85% 58.50 757,446 13:40:14
Bid Price Offer Price High Price Low Price Open Price
57.00 60.00 59.00 57.90 59.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Convrt Paper,paperbd Pds,nec USD 801.95M USD 35.63M USD 0.3625 1.61 57.99M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:41 O 150,000 58.50 GBX

Ig Design (IGR) Latest News

Ig Design (IGR) Discussions and Chat

Ig Design (IGR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-03-14 17:34:5358.50150,00087,750.00O
2025-03-14 16:28:4257.44850488.24O
2025-03-14 16:20:5357.441,149659.99O
2025-03-14 14:00:1457.001,000570.00UT
2025-03-14 13:45:3458.03482279.71O

Ig Design (IGR) Top Chat Posts

Top Posts
Posted at 14/3/2025 08:20 by Ig Design Daily Update
Ig Design Group Plc is listed in the Convrt Paper,paperbd Pds,nec sector of the London Stock Exchange with ticker IGR. The last closing price for Ig Design was 59p.
Ig Design currently has 98,279,870 shares in issue. The market capitalisation of Ig Design is £57,493,724.
Ig Design has a price to earnings ratio (PE ratio) of 1.61.
This morning IGR shares opened at 59p
Posted at 12/3/2025 17:55 by h1a3
Anders Hedlund and family own circa 20% of IGR.
He should put the boot up the Director’s backsides to get back to drive IGR back to some normality.
Posted at 20/1/2025 16:02 by time 2 retire
Internal memo from Paul Bal.
Dear colleagues
You may have seen Friday morning’s trading update statement, and the resulting significant fall in our
company’s share price. I am writng to you to explain it, and to provide some context.
As a publicly listed company we must promptly report developments that could materially aect the
value of our shares, and therefore the value of our company in “the market” (where shares are traded).
On Friday morning we announced that our forecasted sales, prot and cash delivery for this nancial
year (which ends 31 March 2025) will be much lower than we ourselves, “the market” and our
shareholders were expecng.
We explained the factors that led to this, and they are:
- Generally lower or disappoinng retail sales over the Christmas season experienced by our
customers across many markets, especially in the US, but also in the UK and Australia. There are
reasons for this: some are specic e.g. selling days, or the impact of other close seasons e.g.
Thanksgiving/Black Friday/Cyber Monday. Others reect longer-term trends in our categories e.g.
lile dierenᜩ5;aon and innovaon.
- Strong compe;on between (too many) retailers in the US, causing some to go out of business, so
cung our future sales to them, as well as leaving us owed money, and with surplus inventory to
write-o. All of this hits our sales, prots and cash. And a big example of this is Joann, which is DG
America’s 4
th
largest customer (and the Group’s 5
th
largest). Joann announced on Wednesday this
week that they were in trouble (again). They are the US’s largest retailer of clothes paerns and
related accessories - which is a very protable business for us. Joann’s demise leaves us owed
money and with surplus inventory to write-o. It also means less future sales, prot and cash than
we were expecng.
- Lower future sales, and orders, or even delays also impacts our future costs as our manufacturing
plants, warehouses and sourcing become less ecient.
The outcome of all this is that quite suddenly we expect this year’s prot to be around break-even, with
the Group’s sales down 10% versus last year, driven by DG America being down 11%. Cash will also be
down in line with the prot fall.
But, I must stress to you that despite this result, the Group remains sound. DG Internaonal’s businesses
are all protable. And we have a lot of cash reserves. We also have a good relaonship with our banks
should we need more cash.
But we must stop our sales from declining and get them growing and delivering more prot. Unl we
do that, we keep having to focus on cost-cung and being careful with our spending. The top priority
here is DG Americas, which has experienced much sales decline over recent years.
I have every belief in our DG Americas business. And I think its turnaround is very possible, even in the
increasingly challenging market it’s in now.
With Sue Buchta now on board, I feel we have the right leader to take DG Americas forward on this
journey and deliver a top-line turnaround that transforms the fortunes of that business, and given its
size, also the Group’s. Sue comes already familiar with our categories, with lots of experience in the US
market, with a track-record of turnarounds and a sales & markeng background. Not only will DG
Americas benet from this, but, as we collaborate more, so will the wider Group.
Besides Sue, we have also recently strengthened the Commercial teams in DG UK and DG Netherlands.
As our markets change, we must respond by changing too. We need fresh ideas on how we can sell
more, especially more protably. These new faces will bring experience from other places.
I will connue to work closely with Sue and her team, sharing my experiences, especially from last
summer in the US, as a fresh and excing recovery plan is brought to life in DG Americas. Similarly, I ask
you to support Sue and her team where you can. Joost and his team have already, even before Sue’s
arrival.
Next month, the Operang Board and the company Board come together for their annual joint meeng.
You won’t be surprised to know that the overall theme of that meeng is value-creaon in our categories:
with a focus on new growth opportunies and innovaon. We simply cannot connue selling essenally
the same product assortments over many years and expect our consumers to remain engaged, let alone
become excited. We face this challenge everywhere we sell, and so all of us need to reect on what’s
not working and come up with ideas.
2025 has not got o to a good start even though everyone is working hard to deliver the best results that
they can. So, I want to thank you all for your hard work and commitment to our business. Even with the
many challenges they face, I am humbled by the eorts our DG Americas’ colleagues are making to return
to growth. But besides hard work, we need new, smart thinking on how we can grow, and what our
future assortments are, and how and where they are sold.
Please let’s come together and work with new thinking to keep our products special and build a beer
and more rewarding future for the category, and our company.
Regards
Paul
20 January 2025
Posted at 20/1/2025 09:24 by mr bernard castle
Looks like I was right - share price crashing down again masureguy I am laughing hard at you, you clown
Posted at 17/1/2025 18:40 by masurenguy
Re: stonks394 #1610. "One bagger in a year" -60% within 3 weeks. Defend away your buddy."

I have never defended CR's tips, nor is he my buddy and I've never met him either. I made that crystal clear in previous posts but as well as being thick you also seem to have a comprehension problem too ! For those who read his obsessive, ongoing diatribe, here is CR's actual comment today on his IGR loss.

"Isn’t life just fun? Friday and after what has been a good week it was all wrecked by IG Design, IGR. They put out a trading update that was shockingly bad due to troubles with DG Americas. This is dreadful management. Well that is life as an investor but you do expect when you watch a presentation from a company that is so confident, they can deliver at least 6 weeks down the line. I have taken a big wallop today, Friday. IGR were 4% of my holdings. Sadly, no matter how much research you do, even to the point of watching the board being quizzed 6 weeks ago and being extremely confident of meeting forecast, things like this still seem to happen. Anyway, will dust myself off, move on and make it up somehow after they have wiped out nearly everything I have made this week. Big reward requires a certain amount of risk, you just need to make sure that over all, reward outweighs risk by a long way and you get far more big winners than losers."
Posted at 29/11/2024 12:32 by value hound
I bought back in at 110p this week - but also bought a few on the warning at 123p iirc. Anyway, FWIW, Small Caps Live Weekly Summary have this to say today:

IG Design Group (IGR.L) -Interim Results
On the surface, these don’t look great:

And the market agreed, with the shares selling off 13% on the day. 11.2c vs 25c last year looks a particularly poor result, but this is the hope:
Business simplification, efficiency and cost-saving initiatives will drive profit recovery in H2 such that we expect to deliver a profit in that period, compared to a loss in that period last year

The reality is that all this was a known known from the recent trading update. Perhaps the outlook has done the damage:
This represents continued strong year-on-year improvement in both profit and cash flow compared to the prior financial year, albeit towards the lower end of the Board's profit expectations set at the start of the year.

But again, this isn’t materially different to what they said in their AGM statement. So it is strange that investors seem to be unable to convert profit to EPS, or the reality of how H1 looks in black and white has spooked the market. There is also a big gap between adjusted and statutory figures:
The China site closure accounts for $4.3m of total adjusting items, with $3.0m relating to staff costs and the remainder to asset write-downs and other closure costs. The ongoing business reorganisation at DGA accounted for the other $2.4m, with $2.2m relating to staff costs and $0.2m to a warehouse consolidation project.

But closing a site should be mostly a one-off. The PI World presentation revealed that these costs are largely complete, with just a few extra redundancies in North America due in H2. They also have specific reasons to think that H2 will be better than H1:
In DG International, $2.1m of profit was due to delayed orders that moved from H1 to H2. The lack of losses from China should also contribute to a $7.6m swing H1->H2.

In DG Americas, they have had initiatives to drive increased operating profit: cost reduction & simplification totalling $9.4m. On top of this, in Q4 last year they reduced deliveries to protect themselves from customers at risk of going into Ch11 and they don’t expect the same this year. All in all, they are confident that DG Americas will be profitable in H2.

The market is clearly calling BS on them hitting the FY25 forecasts, but even if it takes a bit longer to see a full recovery, they are trading on a P/TBV of around 0.5. The majority of this is inventories, so if these assets can be made productive again, the share price will be materially higher. At the end of the results presentation, they summarised the current situation:
The first half was tough, and the retail environment was tough. Consumers were under pressure. It will pass. The strength of relationships with major retailers remains.

Given that they now have net cash for almost all of the year, the risk of insolvency is negligible. Management are doing the right things to improve productivity, so it seems to be a case of simply waiting.
Posted at 29/10/2024 13:20 by martinmc123
IG Design Group issued a HY update after yesterday’s close confirming the downbeat guidance from last months AGM update. Group revenue has declined 11% in the period, driven by DG Americas, which resulted in a 62% decline in adjusted profit in H1 compared to the prior year period. The bad news was clearly very bad, but it had been flagged up and the share price has actually bounced 7% today. So perhaps some “sell the rumour, buy the fact” going on. But also belief that the worst may now be behind the company. Management reiterated their expectation for profit improvement in H2 due to ongoing business simplification, efficiency and cost-saving initiatives. The business has executed a number of cost saving initiatives during...from WealthOracle

wealthoracle.co.uk/detailed-result-full/IGR/923
Posted at 26/9/2024 10:56 by grantley
Pre pandemic Fineman had taken these to £8 and at one time was made CEO of The Year - then he allegedly got the boot post covid due to a big drop in the share price or profit margins ....but many other companies also experienced a large drop in the share price with high shipping costs etc - I question whether that was the wrong decision but of course not privy to any detail about stuff and he had sold his entire shareholding when still CEO I believe.
Posted at 20/6/2023 07:35 by darrin1471
I don't think anything said on this thread will significantly effect the IGR share price so my negative outlook is not a short play but a genuine worry that the short term outlook is poor.
I have not read the results in full yet, but only taken a quick look.
US consumer sentiment is falling and so are advanced orders. UK orders are down. What are the reasons for this? Competition or trying to push margins to high?
Posted at 02/2/2023 14:53 by darrin1471
t2r Patience.
Fall has been on low volume.
Always felt the IGR share price was "managed" down and up.
May be an opportunity to top up ahead of results. Happy with my exposure and profits so not adding.
Posted at 26/1/2023 15:51 by darrin1471
A year to the day since the TU that saw IGR share price fall 58% on the day.
Despite resent strength share price needs to rise 50% to get to that pre TU price.
Ig Design share price data is direct from the London Stock Exchange

Ig Design Frequently Asked Questions (FAQ)

What is the current Ig Design share price?
The current share price of Ig Design is 58.50p
How many Ig Design shares are in issue?
Ig Design has 98,279,870 shares in issue
What is the market cap of Ig Design?
The market capitalisation of Ig Design is GBP 57.99M
What is the 1 year trading range for Ig Design share price?
Ig Design has traded in the range of 55.50p to 237.50p during the past year
What is the PE ratio of Ig Design?
The price to earnings ratio of Ig Design is 1.61
What is the cash to sales ratio of Ig Design?
The cash to sales ratio of Ig Design is 0.07
What is the reporting currency for Ig Design?
Ig Design reports financial results in USD
What is the latest annual turnover for Ig Design?
The latest annual turnover of Ig Design is USD 801.95M
What is the latest annual profit for Ig Design?
The latest annual profit of Ig Design is USD 35.63M
What is the registered address of Ig Design?
The registered address for Ig Design is HOWARD HOUSE, HOWARD WAY, INTERCHANGE PARK, NEWPORT, DELAWARE, MK16 9PX
What is the Ig Design website address?
The website address for Ig Design is www.thedesigngroup.com
Which industry sector does Ig Design operate in?
Ig Design operates in the GREETING CARDS sector