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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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IG Design

April 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • IGR
  • Price:
  • 540p
IG Design has completed its largest acquisition to date of CSS Industries, a US-based designer and manufacturer of gift packaging, seasonal décor, greetings cards, creative play and stationary products and giftware. Consideration for the deal is c. £90m including CSS’ debt. At a stroke it cements its position as the leading global one stop shop for retailers within the mass market, craft, food & drug, discount, gift and specialty segments of the US.Having itself made a number of acquisitions CSS is not far off being half the size of IG Design and is expected to deliver net sales of between US$346m-US$352m and EBITDA of US$22.1m-US$24.1m for the financial year ended March 2020. It’s expected to deliver U ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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