Valuation Update With 7 Day Price Move • 3h
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.02, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 11x in the Consumer Durables industry in Europe. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.02 per share. New Risk • Jul 02
New major risk - Revenue and earnings growth Earnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€86.4m market cap, or US$98.6m). Reported Earnings • Jul 01
Full year 2026 earnings released: EPS: UK£0.042 (vs UK£0.81 loss in FY 2025) Full year 2026 results: EPS: UK£0.042 (up from UK£0.81 loss in FY 2025). Revenue: UK£217.9m (down 61% from FY 2025). Net income: UK£5.33m (up UK£82.5m from FY 2025). Profit margin: 2.4% (up from net loss in FY 2025). The move to profitability was driven by lower expenses. Revenue is expected to decline by 8.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Europe are expected to grow by 4.5%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Announcement • Jun 18
IG Design Group plc, Annual General Meeting, Sep 24, 2026 IG Design Group plc, Annual General Meeting, Sep 24, 2026. Buy Or Sell Opportunity • Jun 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 54% to €0.95. The fair value is estimated to be €0.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jun 16
IG Design Group plc (AIM:IGR) announces an Equity Buyback for 9,830,814 shares. IG Design Group plc (AIM:IGR) announces a share repurchase program. Under the program, the company will repurchase up to 9,830,814 shares. The minimum price paid for each share will be shall be £0.01 and the maximum price (exclusive of expenses) which may be paid for an ordinary share shall be an amount equal to the higher of, either 105% of the average of the middle market quotations for an ordinary share (calculated by reference to the London Stock Exchange Daily Official List) for the five business days immediately preceding the day on which the ordinary share is purchased, or the price stipulated by Article 5(1) of Commission Regulation (EC) No 2273/2003 (the Buy-back and Stabilization Regulation). The shares repurchased will be cancelled. The program will expire on September 24, 2026. Recent Insider Transactions • May 13
Director recently bought €995k worth of stock On the 7th of May, Gerald Kuehr bought around 1m shares on-market at roughly €0.80 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.1m more in shares than they have sold in the last 12 months. Announcement • May 12
IG Design Group plc to Report Fiscal Year 2026 Results on Jun 16, 2026 IG Design Group plc announced that they will report fiscal year 2026 results on Jun 16, 2026 Announcement • May 03
IG Design Group plc Updates Earnings Guidance for the Financial Year Ending March 31, 2026 IG Design Group plc Updated earnings guidance for the financial year ending March 31, 2026. For the year, the Group expects to report revenues of c$292 million. Previous guidance for revenue was $280 million to $285 million. Announcement • Apr 17
IG Design Group plc Announces the Appointment of Gerald Kuehr as Chief Executive Officer Designate, Effective from May 1, 2026 IG Design Group plc announced the appointment of Gerald Kuehr as Chief Executive Officer Designate, effective from May 1, 2026. On July 1, 2026, Gerald will assume the role as Chief Executive Officer and Stewart Gilliland, who has led the Group as Interim Executive Chair, will revert to his role as Non-Executive Chair upon Gerald's appointment. Gerald has been working with Design Group in an advisory capacity to DG Europe since January 2026, during which time he has gained a deep understanding of the Group's strategic priorities, operations and customers, many of whom he has partnered with before. Additionally, he has helped segments of the Group to refocus its energy on its core business whilst supporting the team in developing plans to secure new business. Gerald brings over 30 years of international leadership experience in blue chip consumer businesses. Most recently, he served as Chief Executive Officer of Partner in Pet Food (PPF) from 2020 to 2025, where he repositioned the business from an Eastern European, volume-driven private-label player into a pan-European category leader operating across ten markets with 3,000 employees. During his tenure, he also completed five acquisitions. Prior to this, Gerald held senior global leadership roles at Unilever, most recently as Global Chief Customer Officer, where he was a member of the Global Leadership Team with responsibility for sales strategy, commercial excellence and customer development across 30 markets. He was previously an Associate Partner at Bain & Company and spent 14 years at Procter & Gamble, including as General Manager for Germany and Austria. Gerald Christoph Kuehr, aged 58, has held the following directorships/partnerships in the past five years: Woof Investments SARL, Artemis Acquisitions Topco Limited, Partner in Pet Food Sweden AB, Doggy AB, Partner in Pet Food France SAS, PPF HoldCo B.V., Partner in Pet Food Group B.V., Partner in Pet Food NL B.V., Partner in Pet Food Poland, Partner in Pet Food Hungaria Kft, Kollmax Kft. Buy Or Sell Opportunity • Apr 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €0.63. The fair value is estimated to be €0.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Mar 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to €0.68. The fair value is estimated to be €0.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 11
IG Design Group plc Updates Earnings Guidance for the Financial Year Ending March 31, 2026 IG Design Group plc Updated earnings guidance for the financial year ending March 31, 2026. For the year, the company now anticipates being at the upper end of the previously stated guidance and above current market consensus. FY2026 revenues are anticipated to be c.$280 million to $285 million, with final quarter sales expected to be in line with prior year, against previous guidance of Previously stated revenue guidance of $270 million to $280 million. Reported Earnings • Dec 05
First half 2026 earnings released: EPS: US$0.041 (vs US$0.057 in 1H 2025) First half 2026 results: EPS: US$0.041 (down from US$0.057 in 1H 2025). Revenue: US$131.4m (down 13% from 1H 2025). Net income: US$3.93m (down 28% from 1H 2025). Profit margin: 3.0% (down from 3.6% in 1H 2025). Revenue is expected to decline by 38% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Europe are expected to grow by 6.3%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Senior Independent Non-Executive Director Clare Askem was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 28
Ig Design Group plc Reaffirms Earnings Guidance for the Fiscal Year 2026 IG Design Group plc reaffirmed earnings guidance for the fiscal year 2026. For the year, the group expectation that full-year revenues are in line with the previously guided range of $270-280 million. Announcement • Aug 08
IG Design Group plc, Annual General Meeting, Sep 24, 2025 IG Design Group plc, Annual General Meeting, Sep 24, 2025. Location: ig design group plc, howard house, howard way, interchange park, newport pagnell, mk16 9px, United Kingdom Announcement • Jul 31
IG Design Group plc Provides Earnings Guidance for the Fiscal Year 2026 IG Design Group plc provided earnings guidance for the fiscal year 2026. For the year, the group is targeting revenue of $270 million to $280 million. Beyond this, the Group is targeting low single digit revenue growth. Announcement • May 31
Hilco Capital Limited entered into a share purchase agreement to acquire Ig Design Group Americas, Inc. from IG Design Group plc (AIM:IGR) for $1. Hilco Capital Limited entered into a share purchase agreement to acquire Ig Design Group Americas, Inc. from IG Design Group plc (AIM:IGR) for $1 on May 30, 2025. In consideration of the transaction, IG Design Group will receive (i) a nominal upfront cash payment of one US dollar; and (ii) 75 per cent of any proceeds from the post Disposal sale or realisation of DGA or its assets by the Buyer, to the extent not utilised by the Buyer to provide working capital to DGA. For the financial year ended 31 March 2024, DGA reported audited revenue of $500.3 million and reported operating profit before tax of $4.9 million. Canaccord Genuity Limited acted as financial advisor to IG Design Group Plc. Announcement • May 02
IG Design Group plc Confirms Earnings Guidance for the Year Ended 31 March 2025 IG Design Group plc confirmed earnings guidance for the year ended 31 March 2025 . The Group confirms that sales and profit for the year are expected to be in line with the expectations set out in the trading update issued on 17 January 2025. Board Change • Apr 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Director Mark Tentori was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 17
IG Design Group plc Provides Earnings Guidance for the Year Ending 31 March 2025 IG Design Group plc provided earnings guidance for the year ending 31 March 2025. For the period, Company expects revenue is now expected to be c10% below last year, and therefore below expectations, with both divisions expected to experience decline, with DG Americas estimated to decline c13%, and DG International decline c1%. Announcement • Jan 09
Ig Design Group plc Announces Management Changes IG Design Group plc announced the appointment of John Gittins to the Board of Directors as a Non-Executive Director, effective from 3 March 2025. As of that date, John will become a member of the Audit Committee. John is an experienced UK and international CFO with 20 years of experience within listed companies on both the FTSE and AIM, across regulated consumer financial services; and professional and support services. John has significant technical, audit, financial and strategic experience driving sales and revenue growth through varied strategies and understanding the complexities of global operating divisions and worldwide markets. John is currently Non-Executive Director and Audit Committee Chair at Nichols plc. John's previous experience includes Audit Committee Chair at Appreciate Group plc and Electricity North-West Limited; as a Non-Executive Director at Hill Dickinson LLP; and in CFO and Finance Director roles at Fairpoint Group plc, Begbies Traynor Group plc, Vertex Data Science Limited and Spring Group plc. John is a Chartered Accountant. The Company also announced that Claire Binyon, Non-Executive Director will be stepping down from the Board with effect from 15 January 2025. The Company also announced the appointment of Sue Buchta to the role of Chief Executive Officer of DG Americas, effective 8 January 2025. Sue brings an exceptional breadth of leadership experience and commercial acumen from a career in the consumer products industry. She served as CEO of Wilton Brands, whose products are sold in over 105 countries and previously owned Simplicity Creative Group (sewing patterns, needle arts, and kids' craft products) before its acquisition by CSS Industries Inc. in 2017. In addition to her tenure at Wilton, Sue held several sales and marketing leadership roles at American Greetings, where she ultimately led Papyrus and Recycled Paper Greetings after their acquisition. Her most recent CEO role was with IndiMade Brands, an e-commerce business with multiple brands. Sue will not be a Board director but will become a member of Design Group's Operating Board. Announcement • Jul 25
IG Design Group plc, Annual General Meeting, Sep 26, 2024 IG Design Group plc, Annual General Meeting, Sep 26, 2024. Location: ig design group plc, howard house, howard way, interchange park, mk16 9px, newport pagnell United Kingdom Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: US$0.37 (vs US$0.29 loss in FY 2023) Full year 2024 results: EPS: US$0.37 (up from US$0.29 loss in FY 2023). Revenue: US$800.1m (down 10% from FY 2023). Net income: US$35.6m (up US$63.6m from FY 2023). Profit margin: 4.5% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in Europe. Board Change • Jun 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Director Mark Tentori was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • May 31
IG Design Group plc to Report Fiscal Year 2024 Results on Jun 25, 2024 IG Design Group plc announced that they will report fiscal year 2024 results on Jun 25, 2024 Board Change • May 10
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Director Mark Tentori was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 29
First half 2024 earnings released: EPS: US$0.25 (vs US$0.23 in 1H 2023) First half 2024 results: EPS: US$0.25 (up from US$0.23 in 1H 2023). Revenue: US$444.1m (down 15% from 1H 2023). Net income: US$23.9m (up 5.1% from 1H 2023). Profit margin: 5.4% (up from 4.4% in 1H 2023). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Announcement • Oct 26
IG Design Group plc Provides Earnings Guidance for the Full Year to 31 March 2024 IG Design Group plc provided earnings guidance for the full year to 31 March 2024. The board believes the trading results for the full year to 31 March 2024 remain in line with the Board's expectations for the year. This represents a strong year-on-year improvement in profit and cash flow compared to the prior financial year, albeit sales will be lower for the reasons given. Reported Earnings • Jul 20
Full year 2023 earnings released: US$0.29 loss per share (vs US$0.033 loss in FY 2022) Full year 2023 results: US$0.29 loss per share (further deteriorated from US$0.033 loss in FY 2022). Revenue: US$890.3m (down 7.7% from FY 2022). Net loss: US$28.0m (loss widened US$24.7m from FY 2022). Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 6.4%. Announcement • Jul 18
IG Design Group plc, Annual General Meeting, Sep 14, 2023 IG Design Group plc, Annual General Meeting, Sep 14, 2023, at 11:00 Coordinated Universal Time. Location: IG Design Group plc, Howard House, Howard Way, Interchange Park, Newport Pagnell, MK16 9PX Buckinghamshire United Kingdom Agenda: To receive and adopt the Directors' report and the financial statements for the year ended 31 March 2023 and the independent auditor's report on the financial statements; to re-appoint Rohan Cummings as a Director of the Company; to re-elect Anders Hedlund as a Director of the Company; to re-elect Stewart Gilliland as a Director of the Company; to approve the Directors' Remuneration Report for the year ended 31 March 2023; to appoint PricewaterhouseCoopers LLP as the auditor of the Company until the conclusion of the next general meeting of the Company at which the accounts are laid; to authorise the Directors to determine the remuneration for PricewaterhouseCoopers LLP as auditor of the Company; and to consider other matters. Recent Insider Transactions • Jul 16
Chief Financial Officer recently bought €70k worth of stock On the 13th of July, Rohan Cummings bought around 43k shares on-market at roughly €1.61 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Rohan's only on-market trade for the last 12 months. Reported Earnings • Jun 20
Full year 2023 earnings released: US$0.29 loss per share (vs US$0.033 loss in FY 2022) Full year 2023 results: US$0.29 loss per share (further deteriorated from US$0.033 loss in FY 2022). Revenue: US$890.3m (down 7.7% from FY 2022). Net loss: US$28.0m (loss widened US$24.7m from FY 2022). Revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 6.6%. Announcement • May 06
IG Design Group plc Appoints Rohan Cummings as Chief Financial Officer, Effective 3 July 2023 IG Design Group plc announced the appointment of Rohan Cummings as Chief Financial Officer, effective 3 July 2023. Rohan joins the Group from Devro Limited (formally Devro PLC), where he has been the group's CFO since 2020. During his tenure, Rohan was instrumental in the delivery of revenue growth and increased profitability. Devro supplies to customers in 100 countries through its global manufacturing footprint. After qualifying as a Chartered Accountant with PricewaterhouseCoopers, Rohan has held a number of senior positions within global organisations. Between 2016 and 2020Rohan spent four years at Asahi Group Holdings,the Japanese global beer, spirits, soft drinks and food group, as CFO of Asahi International and CFO of Asahi Europe. Prior to this, Rohan spent 14 years at SABMiller joining in 2002, working in a number of international finance roles across that group culminating in CFO for Birra Peroni in 2014, where he implemented strategies to support revenue and profitability growth. Rohan played an important role in the carve out of the businesses acquired by Asahi Group in 2016 as part of the ABInbev acquisition of SABMiller. The following information on Rohan Cummings, aged 48, is provided in accordance with rule 17 of the AIM Rules for Companies: Mr. Cummings holds or has held the following directorships/partnerships in the past five years: Current Directorships/Partnerships - Devro Limited (formally plc) - resignation effective by 30 June 2023. Former Directorships/Partnerships (past five years): Nectar Imports Limited, Meantime Brewing Company Limited, The Darkstar Brewing Company Limited, PGM Procurement Limited, Cornish Orchards Ltd, Asahi Brands UK Limited, Asahi Premium Brands Ltd, Asahi UK Ltd, Asahi International Ltd, Grolsch Canada Inc., Peroni Brewing Quebec Inc., Birra Peroni s.r.l., Asahi Beer Asia Ltd. - Hong Kong, AE Brands Korea, NAB Korea Company and Koninklijke Grolsch N.V. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to €1.45, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €1.91, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €1.61, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 21% share price gain to €1.69, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 13x in the Consumer Durables industry in Germany. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €1.29, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Reported Earnings • Dec 01
First half 2023 earnings released First half 2023 results: Revenue: US$521.2m (up 7.7% from 1H 2022). Net income: US$22.8m (up 89% from 1H 2022). Profit margin: 4.4% (up from 2.5% in 1H 2022). Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 4.4%. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Director Mark Tentori was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 21
IG Design Group plc to Report First Half, 2023 Results on Nov 30, 2022 IG Design Group plc announced that they will report first half, 2023 results on Nov 30, 2022 Board Change • Aug 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Director Mark Tentori was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.