“Gift packaging, celebrations, craft & creative play, stationery, gifting and related” group IG Design (IGR) has issued a “Post Close Trading Update” commencing with that financial performance “is ahead of expectation”. So what of a current 162.5p share price… more than 11% down?
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?
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”?
Celebrations, gifting, craft & creative play, stationery and consumables group IG Design (IGR) is “very pleased” to “have agreed… extension to our facilities and to have the ongoing support of our banking partners”. What though of a share price response currently up by more than 20% to above 60p?...
Shares in celebrations, craft, gifting, stationery and creative play products group IG Design (IGR) are currently significantly higher today at 71p with it announcing “Appointment of Chief Financial Officer”. What’s the overall situation here now?...
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?...
Previously writing on ‘celebrations, craft, gifting, stationery and creative play products’ group IG Design (IGR), last month with the shares down to around 300p I concluded that its challenges made the valuation still look ‘challenging’. The shares are currently up today on the back of half-year results, but are 245p. So what’s the story now?...
A trading update announcement from ‘celebrations, craft, gifting, stationery and creative play products’ group IG Design (IGR) commences that it “has delivered a good revenue performance in the first half of the financial year with like-for-like revenue up 11% on the prior year, and up 5% on proforma revenues (including CSS prior to ownership) for the six months to 30 September 2019”. So why are the shares, currently at around 300p, more than 30% lower in response?...








