IG Design Group’s post-close trading update on FY23 to 31 March reveals outperformance in terms of profitability and cash against market expectations. Compared with upgraded guidance to a small adjusted profit before tax for FY23 at the time of the interims, management anticipates a figure of $9m (cf Progressive forecast of $1.9m). Year-end cash of $50m represents around a 66% increase on FY22’s closing position.