IG Design has published its post-close trading update for the year ended 31 March 2025. The outturn is in line with guidance given in its January trading update, with the year-end net cash balance of $84m comfortably surpassing our expectations. Of far greater significance and interest to shareholders is the news that the group is considering all strategic options with regard to its DG Americas (DGA) division. This includes a potential exit of the division, focusing the group activities and growth potential on the more profitable and reliable DG International (DGI) division. An update might even precede the group’s prelims currently scheduled for late June.

30 Apr 2025
PROGRESSIVE: IG Design Group - Trade tariffs tip the balance for the US division

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PROGRESSIVE: IG Design Group - Trade tariffs tip the balance for the US division
IG Design Group plc (IGR:LON) | 88.5 -0.9 (-1.1%) | Mkt Cap: 87.0m
- Published:
30 Apr 2025 -
Author:
David Jeary -
Pages:
3 -
IG Design has published its post-close trading update for the year ended 31 March 2025. The outturn is in line with guidance given in its January trading update, with the year-end net cash balance of $84m comfortably surpassing our expectations. Of far greater significance and interest to shareholders is the news that the group is considering all strategic options with regard to its DG Americas (DGA) division. This includes a potential exit of the division, focusing the group activities and growth potential on the more profitable and reliable DG International (DGI) division. An update might even precede the group’s prelims currently scheduled for late June.