Debt-free IG Design eyes further M&A

Debt-free IG Design eyes further M&A

Foreign exchange movements were doubly positive for IG Design (IGR) shareholders last year. As the third-largest player in the global gift packaging and greeting card market, most sales are in currencies other than sterling. This brought a very useful translational effect - £23.7m to the top line and £2.2m to adjusted pre-tax profits - for a company that reports in pounds.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now