Half Year Results 

Growth for cracker maker IG Design, despite headwinds

Growth for cracker maker IG Design, despite headwinds

Ostensibly, there was little to trouble analysts in IG Design's (IGR) half-year figures, with 10 per cent like-for-like organic revenue growth at constant currencies (CC) and operating profits 11 per cent to the good on the same basis. The strength of the group's order book suggests that conditions in the global gift packaging and greeting card market remain favourable, but management notes “cost headwinds are undoubtedly stronger than ever” – perhaps prompting the markdown in the share price that followed the release to market.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
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