Updates

IG Design

August 2019

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.

IG Design, the gift packaging, celebrations and creative play products group, released terrific final results with revenues up 37% to £448m and pretax profit up 39% to £30.3m. Eps increased 33% to 29.3p. Very strong cash generation of £50.5m meant average leverage fell from 1.5 times to 1.3 times. Its focus on working with the winners – its top ten customers account for 48% global revenues versus 39% a year ago - drove almost 10% organic sales growth. There was good growth in all regions, with Americas (50% group revenue) increasing 83% to US$289.9m, of which US$115m was thanks to the Impact acquisition. Operating profit grew 57% to US$20m, with the operating margin down from 8% to 6.9% reflectin ...

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IG Design (December 2020)

IG Design (November 2020)

IG Design (October 2020)

IG Design (June 2020)

IG Design (May 2020)

IG Design (April 2020)

IG Design - Falling debt provides firepower for another eps enhancing acquisition (January 2020)

IG Design (November 2019)

IG Design (October 2019)

IG Design (June 2019)

IG Design (March 2019)

IG Design - Upgrades guidance again (January 2019)

IG design - All regions growing (December 2018)

IG Design - Transformational US acquisition (October 2018)

IG Design - Shares hit £5 (August 2018)

IG Design - New high of 468p registered in month (June 2018)

IG Design - Brokers upgrade again (March 2018)

IG Design - Breaks through £4 (January 2018)

IG Design (November 2017)

IG Design - "Order book at record levels" (October 2017)

IG Design - Another upgrade to forecasts (August 2017)

IG Design - Trading significantly ahead of forecast (May 2017)

IG Design - Celebrations & giftware firm eyes new era of high octane growth (April 2017)

International Greetings - Net cash jumps to over Â£10m (August 2004)

International Greetings (February 2004)

International Greetings - Becoming cash cow (August 2003)

International Greetings (January 2003)

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.

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