IG Design Group has delivered a strong set of interim results, as guided in October’s trading update, with adjusted PBT up 35% to $27.4m on a reported basis (+42% on a constant currency basis). This was driven by accelerated ordering of seasonal goods by retailer customers keen to de-risk their supply chains, alongside catch-up pricing and product engineering, which has delivered some gross margin recovery. While cautious on the outlook given continuing economic uncertainties, the Board has upgr ....
30 Nov 2022
PROGRESSIVE: IG Design: A strong H1, with progress on many fronts
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PROGRESSIVE: IG Design: A strong H1, with progress on many fronts
IG Design Group plc (IGR:LON) | 120 -3 (-2.1%) | Mkt Cap: 118.4m
- Published:
30 Nov 2022 -
Author:
David Jeary -
Pages:
11
IG Design Group has delivered a strong set of interim results, as guided in October’s trading update, with adjusted PBT up 35% to $27.4m on a reported basis (+42% on a constant currency basis). This was driven by accelerated ordering of seasonal goods by retailer customers keen to de-risk their supply chains, alongside catch-up pricing and product engineering, which has delivered some gross margin recovery. While cautious on the outlook given continuing economic uncertainties, the Board has upgr ....