Trading Update

Summary by AI BETAClose X

IG Design Group plc reported a strong first-half performance for HY2027, with revenue increasing by approximately 12% to £109 million, driven by 8% organic growth and the Glenart acquisition, while adjusted operating profit rose to £5.7 million from £4.2 million in the prior year. The company maintained a net cash balance of £1.5 million and is on track to meet FY2027 market expectations of £222 million in revenue and a 4.8% adjusted operating margin, demonstrating confidence in its strategic execution and future outlook despite macroeconomic uncertainties.

Disclaimer*

IG Design Group PLC
27 October 2026
 

27 October 2026

IG Design Group plc

(the "Company", the "Group" or "Design Group")

HY2027 Trading Update

Strong first-half performance supports confidence in delivering FY2027 market expectations

IG Design Group plc, a leading designer, innovator and manufacturer across various celebration and creative categories, announces its post-close trading update ahead of the release of its unaudited results for the six months ended 30 September 2026 ('the period').

Trading Update

The Board is pleased to report that the Group has delivered a strong first-half performance and remains on track to deliver FY2027 results in line with market expectations*.

Revenue for the period was c.12% ahead of the prior period at c.£109 million, including c.8% organic growth (excluding the impacts of the Glenart acquisition and translational FX). Adjusted operating profit increased to c.£5.7 million from £4.2 million in the prior year period. These improvements reflect positive trading momentum and effective execution of the Group's strategic priorities including the winning of incremental customer tenders which benefited the period

Glenart has performed well since acquisition and continues to trade in line with the Board's expectations.

The Group had a net cash balance of c.£1.5 million at 30 September 2026. Cash generation during the period was robust, with underlying cash outflow largely in line with the prior period.

Outlook

Under the Group's new leadership team, work is progressing well to refine the Group's strategic priorities and medium-term growth plans. A comprehensive update will be provided within the Interim Results.

While mindful of ongoing macroeconomic uncertainty, the Board remains confident in the outlook for the Group and expects to deliver FY2027 results in line with guidance.

*Market consensus: revenue £222 million and adjusted operating margin 4.8%.

 

For further information, please contact:


IG Design Group plc

Tel: +44 (0)1525 887310

Gerald Kuehr, Chief Executive Officer


Ari Bensoussan, Chief Financial Officer


Canaccord Genuity Limited (Nomad and Broker)

Tel: +44 (0)20 7523 8000

Bobbie Hilliam


Elizabeth Halley-Stott


Alma Strategic Communications

Tel: +44 (0)20 3405 0205

Rebecca Sanders-Hewett

designgroup@almastrategic.com

Sam Modlin


Will Merison


 

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