Investors in IG Design (IGR) have gotten used to impressive sales growth in recent years, but an acquisition-led suge in FY2019 was accompanied by double-digit declines in statutory profits and earnings per share (EPS). The unvarnished figures were weighed down by £8.4m in exceptional costs from restructuring the US business and the acquisition of Impact, a gift packaging group based in the US.
IC TIP:
Hold
at
600p