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Results: IGR

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EPIC IGR
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IG Design – “delighted to appoint” a new CEO, what’s the latest boardroom change here?

Having announced earlier this year that “CEO, Paul Fineman will, for personal reasons, be stepping down as Group Chief Executive Officer as of 1 March 2022. A search is commencing for a successor”, IG Design Group (IGR) is now, albeit more than 8 months later, “delighted to appoint” a new CEO. With this also following a CFO change in May, what’s the outlook now?

EPIC IGR
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IG Design – trading “ahead of expectation”, but for how long?

Previously writing on gift packaging, celebrations, craft & creative play, stationery, gifting and related group IG Design (IGR), in June I noted that the shares were on the watchlist. What now following a trading update for its half-year which includes “strong trading… sales, profits, margins and cash flow are expected to be significantly improved on the same period last year, and also ahead of the board's expectation for the period”?

EPIC IGR
views

IG Design – hopefully my prior caution was heeded, a “significantly below” trading warning...

Previously writing on celebrations, craft, gifting, stationery and creative play products group IG Design (IGR), in November with the shares at 245p I noted it not seeing an improvement in supply shortages and inflationary pressures and that I remained cautious. Today a “trading update” and the shares, having last closed at 255p, down to 115p. So what’s the situation?...

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