image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

IG Design - Falling debt provides firepower for another eps enhancing acquisition

January 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:
  • 698p
Shares in TMI Trader Portfolio stalwart IG Design hit a new high of 701p after unveiling strong half year results with revenue and adjusted operating profit both rising 21% to £248.4m and £23.6m, respectively. Diluted eps rose 2% reflecting more shares for the Impact acquisition.The US achieved 40% revenue growth to US$183.8m with profit soaring 27% to US$17.6m, helped by a first full contribution from Impact. This came in spite of challenging tariff increases. However, Impact’s integration is on track to deliver an expected U$5m operational synergies. Encouragingly, it has also struck an agreement with one of the US’ largest retailers for the supply of all year round themed and seasonal “impulse&rdquo ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

To access our archive of articles and receive current issues you need to subscribe