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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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IG Design

June 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:
  • 546p
IG Design, the designer and manufacturer of celebration, craft, gifting, stationery and creative play products, issued an update covering the year ended March, which noted an impressive 10% growth in revenues, helped by a maiden four week contribution from CSS Industries following the completion of the acquisition on 3rd March. The directors believe COVID-19 shaved at least £7m off revenues and also expect a significant increase in exceptional costs as a result of coronavirus, the CSS acquisition and integration costs. As at 31st March it had net cash of £42m supported by good cash management during March and good cash generation from CSS since acquisition. The group expects to report average leverage (i.e. net deb ...

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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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