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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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IG Design - Brokers upgrade again

March 2018

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:
  • 401p
IG Design’s Q3 was superb, with trading strong through the Christmas period, meaning it expects final results to be ahead of expectations.Over 70% sales are now expected outside the UK with all regions on track to post year-on-year revenue and profit growth. Helped by strong cash conversion average leverage (net debt / ebitda) is expected to be significantly below 2x.Encouragingly, latest initiatives to drive growth into FY’19 and beyond are on track. These include the installation of a state of the art printing press in its gift wrap manufacturing operation in Holland, which will commence spring 2018, and operational and synergistic benefits from the recently completed acquisition of Australian firm Biscay Greetings (benefit ...

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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.

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