IG Design Group (IGR) Preliminiary results March 2016

Paul Fineman, CEO talks about preliminary results for the year ended 31st March 2016, released 29th June 2016
In summary, he says:
Great results:
– Revenue +3.5%
– Pre Tax Profit +35%
– Gross margin +0.8%
– Generated 27m in operating cash flow
– Debt down 40%
– EBITDA to debt ratio x1
With a strong US performance: 34% increase in profits, and +66% increase in Australia
USA improved sales to all customers, with the new management team.
We’ve delivered a major capital investment programme in US, so we’re geared for excellent growth for year ahead.
The dividend of 2.5p, increased ahead of where management expected – due to accelerated profits and cash flow.
The growth strategy going forward:
– We not only supply gift packaging, and have moved into celebration, providing party ware
– Retail collateral: beyond just products for resale, now consumables that retailers (global brands) give away
– Design led stationery and creative play products
– Leveraging relationships with retailers and partner suppliers using our design strength, competence and dependability
– We have the best people conducting best practice
Why the change of name?
Greetings now only 10% of our activities; design is core to our offering so IG Design Group, with the brand: Design Group. This reflects the true nature of the business.
Impact of Brexit on IG Design?
We are diversified internationally with two-thirds of business outside the UK.
The one-third of revenue is manufactured in the country in which we sell. So, EU – manufactured in Holland; US – manufactured in US; UK manufacture to British and some overseas markets.
Imports coming in from the Far East are bought in US$ with currency hedged to cover the forward order book – so little fx exposure.
Overseas earnings when translated into £ will enhance our position.
We’re in a competitive market but we’re well placed, with a tremendous management team. We have the unique blend of creativity and reliability.
We’re diversified with a design led product, supplying over 150k stores; 5,000 customers in 80 countries, supported by global funding arrangements. We’re well placed for future growth.


Videos from IG Design Group

IG Design Group (IGR) H1 results presentation 2019

IG Design Group (IGR) H1 results presentation 2019

Presented by Paul Fineman, CEO & Giles Willits, CFO Paul and Giles run through a strong set of H1 results, in spite of Brexit and China headwinds. They continue to grow margins, through creating value for customers. EPS growth at a lower percentage than PTP growth, simply down to month weightings on the Impact acquisition. […]
IG Design Group (IGR) FY19 results presentation June 2019

IG Design Group (IGR) FY19 results presentation June 2019

By Paul Fineman, CEO & Giles Willits, CFO Introduction & overview – 00:18 Revenue breakdown – 02:30 Commitment to shareholders – 04:16 Financial overview – 06:25 Margin targets – 09:39 Cash conversion – 11:56 Balance Sheet & IFRS16 – 14:41 New banking facility – 15:32 Future targets – 16:49 Strategic drivers & outlook – 18:07 […]
Design Group (IGR) H1 results November 2018

Design Group (IGR) H1 results November 2018

Design Group (IGR) H1 results (to 30.11.18) given November 2018 By Paul Fineman, CEO & Giles Willits CFO IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company’s geographic segments include UK and Asia; […]
IG Design Group (IGR) Full year results 2018

IG Design Group (IGR) Full year results 2018

IG Design Group CEO Paul Fineman and CFO Giles Willits, talk about the Groups’ full year results to 31st March 2018. Paul Fineman, CEO. Introduction – 00:18 Regional performance – 1:30 Giles Willits, CFO. Financial highlights – 2:50 Efficiencies – 3:36 Paul Fineman, CEO. Strong performance in retail – 4:39 Investor outlook – 6:19   […]

You might be interested in