Buy Or Sell Opportunity • Jul 27
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 86% to UK£1.04. The fair value is estimated to be UK£0.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jul 01
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 (9.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (UK£73.9m market cap, or US$98.2m). Reported Earnings • Jul 01
Full year 2026 earnings: EPS exceeds analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. 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 the United Kingdom are expected to grow by 3.0%. 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. Buy Or Sell Opportunity • Jun 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to UK£0.77. The fair value is estimated to be UK£0.63, 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. Duyuru • Jun 18
IG Design Group plc, Annual General Meeting, Sep 24, 2026 IG Design Group plc, Annual General Meeting, Sep 24, 2026. Duyuru • 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 UK£860k worth of stock On the 7th of May, Gerald Kuehr bought around 1m shares on-market at roughly UK£0.69 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 UK£928k more in shares than they have sold in the last 12 months. Duyuru • 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 Duyuru • 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. Price Target Changed • May 01
Price target increased by 15% to UK£1.09 Up from UK£0.94, the current price target is an average from 2 analysts. New target price is 56% above last closing price of UK£0.69. Stock is up 14% over the past year. The company is forecast to post earnings per share of US$0.068 next year compared to a net loss per share of US$1.05 last year. Duyuru • 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 • Mar 25
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 7.8% to UK£0.56. The fair value is estimated to be UK£0.44, 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. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (UK£57.2m market cap, or US$78.1m). Duyuru • 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 04
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 the United Kingdom are expected to grow by 5.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Duyuru • 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. Duyuru • 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 Price Target Changed • Aug 01
Price target decreased by 24% to UK£0.97 Down from UK£1.29, the current price target is an average from 2 analysts. New target price is 55% above last closing price of UK£0.63. Stock is down 71% over the past year. The company is forecast to post earnings per share of US$0.016 next year compared to a net loss per share of US$1.05 last year. Duyuru • 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. Reported Earnings • Jul 29
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: US$1.05 loss per share (down from US$0.37 profit in FY 2024). Revenue: US$729.3m (down 8.8% from FY 2024). Net loss: US$99.7m (down 380% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly. Revenue is expected to decline by 33% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to grow by 6.8%. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Jul 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£73.4m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (UK£73.4m market cap, or US$99.7m). New Risk • Jun 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Large one-off items impacting financial results. Duyuru • 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. New Risk • May 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Duyuru • 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. Buy Or Sell Opportunity • Feb 07
Now 20% overvalued Over the last 90 days, the stock has fallen 55% to UK£0.61. The fair value is estimated to be UK£0.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 22
Now 25% overvalued Over the last 90 days, the stock has fallen 51% to UK£0.63. The fair value is estimated to be UK£0.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Jan 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£56.8m (US$69.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (UK£56.8m market cap, or US$69.2m). Duyuru • 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%. Duyuru • 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. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£1.53, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.07 per share. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£1.28, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£0.98 per share. Buy Or Sell Opportunity • Nov 29
Now 23% overvalued Over the last 90 days, the stock has fallen 39% to UK£1.18. The fair value is estimated to be UK£0.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.9% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Nov 28
First half 2025 earnings released: EPS: US$0.042 (vs US$0.25 in 1H 2024) First half 2025 results: EPS: US$0.042 (down from US$0.25 in 1H 2024). Revenue: US$393.1m (down 12% from 1H 2024). Net income: US$3.97m (down 83% from 1H 2024). Profit margin: 1.0% (down from 5.4% in 1H 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to UK£1.52, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£0.72 per share. Price Target Changed • Sep 27
Price target decreased by 16% to UK£2.54 Down from UK£3.02, the current price target is an average from 3 analysts. New target price is 99% above last closing price of UK£1.28. Stock is down 12% over the past year. The company is forecast to post earnings per share of US$0.19 for next year compared to US$0.37 last year. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to UK£1.28, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£0.68 per share. Buy Or Sell Opportunity • Sep 12
Now 14% overvalued Over the last 90 days, the stock has fallen 24% to UK£1.63. The fair value is estimated to be UK£1.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to UK£1.63, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 15x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 69% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£1.42 per share. Reported Earnings • Jul 30
Full year 2024 earnings: EPS exceeds analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year and the company’s share price has also fallen by 25% per year. Duyuru • 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 26
Full year 2024 earnings: EPS exceeds analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates significantly. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 25% per year and the company’s share price has also fallen by 25% per year. New Risk • Jun 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 63% per year over the past 5 years. Duyuru • 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 Price Target Changed • May 01
Price target increased by 9.8% to UK£2.80 Up from UK£2.55, the current price target is an average from 2 analysts. New target price is 78% above last closing price of UK£1.58. Stock is down 7.6% over the past year. The company is forecast to post earnings per share of US$0.084 next year compared to a net loss per share of US$0.29 last year. New Risk • Apr 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 63% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.8% average weekly change). 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 2.2% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Duyuru • 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. New Risk • Oct 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Reported Earnings • Jul 20
Full year 2023 earnings: EPS and revenues miss analyst expectations 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 missed analyst estimates by 3.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Duyuru • 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 UK£60k worth of stock On the 13th of July, Rohan Cummings bought around 43k shares on-market at roughly UK£1.38 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 21
Full year 2023 earnings: EPS and revenues miss analyst expectations 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 missed analyst estimates by 3.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to decline by 1.8% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to UK£1.53, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 10x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 72% over the past three years. Duyuru • 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 17% After last week's 17% share price decline to UK£1.60, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to UK£1.79, the stock trades at a forward P/E ratio of 57x. Average forward P/E is 11x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 25% share price gain to UK£1.58, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to UK£1.15, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 83% over the past three years. Reported Earnings • Dec 01
First half 2023 earnings released: EPS: US$0.23 (vs US$0.12 in 1H 2022) First half 2023 results: EPS: US$0.23 (up from US$0.12 in 1H 2022). 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 forecast to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 16
Price target decreased to UK£1.60 Down from UK£7.70, the current price target is provided by 1 analyst. New target price is 45% above last closing price of UK£1.11. Stock is down 54% over the past year. The company is forecast to post a net loss per share of US$0.037 next year compared to a net loss per share of US$0.033 last year. 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. Duyuru • Jul 23
IG Design Group plc, Annual General Meeting, Sep 22, 2022 IG Design Group plc, Annual General Meeting, Sep 22, 2022, at 10:00 Coordinated Universal Time. Location: Howard House, Howard Way Interchange Park Newport Pagnell United Kingdom Reported Earnings • Jun 29
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: US$0.033 loss per share (down from US$0.084 profit in FY 2021). Revenue: US$965.1m (up 11% from FY 2021). Net loss: US$3.28m (down 140% from profit in FY 2021). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to stay flat compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 49% per year, which means it has not declined as severely as earnings. Duyuru • Apr 28
IG Design Group plc Appoints Claire Binyon as Non-Executive Director, Effective 1 June 2022 IG Design Group plc announced the appointment of Claire Binyon to the Board as a Non-Executive Director, effective from 1 June 2022. She currently holds the role of non-executive director at two FTSE 250 investment trusts: JP Morgan American Investment Trust plc and Murray International Trust PLC. Claire is also currently a non-executive director of NHBS LTD. Price Target Changed • Apr 27
Price target decreased to UK£3.60 Down from UK£7.70, the current price target is an average from 3 analysts. New target price is 393% above last closing price of UK£0.73. Stock is down 88% over the past year. The company is forecast to post a net loss per share of US$0.076 compared to earnings per share of US$0.084 last year. Board Change • Apr 27
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. 5 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. Duyuru • Mar 30
IG Design Group plc Appoints Paul Bal as Chief Financial Officer IG Design Group plc announced the appointment of Paul Bal as Chief Financial Officer. Paul will join the Board on 1 May 2022. Paul joins from Stock Spirits, an international alcoholic beverage business, where he has been CFO since 2017. Paul was instrumental in the substantial turnaround of the then LSE-listed Group, leveraging his experience in the management of a complex portfolio of over 70 brands selling across 50 markets. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 17% share price gain to UK£1.11, the stock trades at a trailing P/E ratio of 16.1x. Average forward P/E is 10x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 79% over the past three years.