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IG Design

November 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • IGR
  • Price:
  • 660p
The shares went to a new high after IG issued an H1 trading update to 30 September that said it is confident of delivering the expected double digit growth in revenue and operating profit this year.Growth should mainly be driven by the US, which accounted for about half the group’s earnings and is where IG continues to focus on cross-selling and operational synergies. Investment in a new high speed printing press in the US should enhance output and capacity once it is commissioned in November. A second UK not-for-resale bag production line is also being planned and will come online next year.Year end debt is expected to show further improvement against the prior year, from 1.3x adjusted EBITDA a year ago to 1.1x. H2 has ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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