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Published on: October 16, 2018

Trading Update

Ahead of a more detailed update next month, IG Design Group have issued a trading statement covering the six months to 30 September. The Group announced a positive performance across all geographies and business segments with advances in both revenue growth and margin expansion. There is good forward visibility in the order book and the Group expects the strong performance in H1 to be carried forward into the remainder of 2019E. The recently acquired Impact Innovations is also performing well, with integration already having begun and progressing in line with targets. Management expects all regions to achieve year on year revenue and margin growth for the full year. We have left our forecasts for 2019E and 2020E unchanged, although there is potential upside from earlier than expected delivery of acquisition synergies at Impact.

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