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IN BRIEF: IG Design Optimistic On Outlook As Earnings On Track

21st Sep 2020 14:11

IG Design Group PLC - consumer gift packaging business based in Milton Keynes - Highlights good trading momentum in financial 2021 ending March 31, adding revenue and adjusted pretax profit are on track to meet full-year market expectations. Financial 2020 adjusted pretax profit is GBP29.1 million. Begins delivering pipeline of over USD500 million worth of orders. Directors optimistic on outlook as revenue forecast to increase from GBP494.2 million including the impact of the acquisition of consumer product manufacturer CSS Industries Inc.

Current stock price: 415.00 pence

Year-to-date change: down 42%

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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