IG Design Group plc
- Market Cap (£m) 143.5
- Listing AIM
- Quick links:
- Company Website
- Annual Report
- Latest Results Deck
Analysts
Company Description
IG Design Group is a global company that designs, manufactures and distributes products to help customers celebrate life's special occasions. Its product offering comprises five main categories: Celebrations (gift wrap, crackers, bags and cards), Gifting, Stationery, Craft & Creative Play and Not-for-resale consumables (mainly paper bags for retailers). The group produces both own design and licensed product. IG Design works with more than 10,000 customers globally and its products are stocked in more than 200,000 retail outlets in over 80 countries.
Investment Summary
IG Design is a customer-focused, industry leading operator in what remains a very fragmented global market. The group therefore has significant opportunities to grow, both organically and through acquisition. Acquisitions deliver either increased scale in existing categories, or new product categories and/or new retail customers, which can be leveraged across the wider group, driving further operating efficiencies. The significant Impact and CSS acquisitions have been swiftly and successfully integrated, delivering synergy benefits ahead of target and schedule. The group's three strategic pillars to deliver sales and profit growth are working with retail winners, design & innovation and efficiency & scale. The group's experienced management team has a strategic and focused approach to delivering increased shareholder value with clearly defined and quantified Key Performance Indicators.
Recent Content
Formulating a new course for profitable growth with the ship successfully steadied
20/06/2023 IG Design Group plc
IG Design’s FY23 results delivered a welcome return to underlying profitability as headlined in its April trading update. […]
Successful refinancing of lending facilities – with lower quantum and margins
05/06/2023 IG Design Group plc
IG Design has announced a successful and favourable outcome to the refinancing of its lending facilities. The new […]
Appointment of new Group CFO
05/05/2023 IG Design Group plc
IG Design (IGD) has announced the appointment of its new Group Chief Financial Officer (CFO). The group had […]
FY23 to beat expectations for profit and cash, boding well for longer-term objectives
20/04/2023 IG Design Group plc
IG Design Group’s post-close trading update on FY23 to 31 March reveals outperformance in terms of profitability and […]
A strong H1, with progress on many fronts
30/11/2022 IG Design Group plc
IG Design Group has delivered a strong set of interim results, as guided in October’s trading update, with […]
A strong first half, but no change to full-year guidance
20/10/2022 IG Design Group plc
IG Design Group has reported strong trading across both divisions for the H1 period ended 30 September. The […]
Rebuilding a more resilient model
28/06/2022 IG Design Group plc
IG Design’s FY22 results reflect both a challenging cost environment and the group’s unwavering service commitment to its […]
Top-line growth remains robust, with focus fixed on realigning costs and margins
27/04/2022 IG Design Group plc
IG Design Group’s post-close trading update for FY22 showed a strong 10% like-for-like group sales increase to $963m, […]
Robust demand…
26/01/2022 IG Design Group plc
IG Design Group’s trading update for the nine months to 31 December 2021 reports a continuation of contrasting […]
Strong demand…offset by supply chain and cost headwinds
23/11/2021 IG Design Group plc
IG Design Group’s interim results reflect a challenging trading period despite strong underlying demand. Group revenue rose by […]
Supply chain disruption and cost pressures drive forecast cut
26/10/2021 IG Design Group plc
IG Design Group has issued a trading update for the first six months of FY22E. Sales rose by […]
Resilient revenue growth
24/08/2021 IG Design Group plc
The positive start to FY22E outlined at the June prelims has continued with the Group reporting strong LFL […]
Delivering increased profits
15/06/2021 IG Design Group plc
IG Design Group delivered another year of profit growth, at both adjusted and reported levels, despite the vicissitudes […]
A strong final quarter
21/04/2021 IG Design Group plc
IG Design Group’s post close trading update confirmed a continuation of robust trading in Q4, with FY21 revenues […]
Christmas duly delivered
25/01/2021 IG Design Group plc
Group revenues rose by 35% to around $737m for the nine months (9M) to 31 December, with year-on-year […]
Company Management Team
Paul Bal
CEO
Paul joined the Board on 1 May 2022 as Chief Financial Officer and was subsequently appointed Chief Executive Officer on 1 April 2023. Paul joined the Board from Stock Spirits plc, where he was CFO since 2017. Paul was instrumental in the 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. Qualifying as a Chartered Accountant in England and Wales in 1993 and a Fellow since 2005, Paul has had an international career. He held global and regional management roles within British American Tobacco plc, Rothmans International Limited and the Tupperware Brands Corporation, Inc. before joining Stock Spirits plc.
Rohan Cummings
Chief Financial Officer
Rohan joined as Chief Financial Officer on 3 July 2023. Rohan joins from Devro plc (which was until recently listed on the LSE) 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. Prior to joining Devro, Rohan was Chief Financial Officer of Asahi International, part of Asahi Group Holdings, the Japanese listed beverage and food group. Between 2002 and 2016 Rohan held a range of international finance roles with SABMiller culminating as CFO of Birra Peroni in 2014. He 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. Rohan is a Chartered Accountant has a MBA and brings to the Board a broad finance and international background. Rohan is a commercially focused finance leader with a track record of making significant contributions to successful growth initiatives.
