IG Design Group plcLSE: IGR

IG Design Group: Trading Update

· Issued by IG Design Group plc via RNS

Summary by 6ix AI

IG Design Group plc, a designer and manufacturer of celebration and creative products, said revenue for the six months ended September 30, 2026 was about £109 million, about 12% ahead of the prior period, based on unaudited figures ahead of its interim results.

Key details

  • Organic growth was about 8%, which excludes the effects of the Glenart acquisition and currency translation.
  • Adjusted operating profit rose to about £5.7 million from £4.2 million in the prior-year period. The company says the improvement reflects trading momentum and its strategic priorities, including winning additional customer tenders.
  • The Group had net cash of about £1.5 million at September 30, 2026, and says underlying cash outflow was largely in line with the prior period.
  • The company says Glenart continues to trade in line with the Board's expectations.
  • The market expectations it refers to for the year ending in 2027 (FY2027) are revenue of £222 million and an adjusted operating margin of 4.8%.

What’s still pending

  • The half-year figures are approximate and unaudited, ahead of the release of the interim results.
  • The Board expects to deliver FY2027 results in line with guidance, while noting ongoing macroeconomic uncertainty.
  • The company says a comprehensive update on its strategic priorities and medium-term growth plans will come with the interim results.

6ix AI wrote this summary from the release below and checked it against the release.

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

[email protected]

Sam Modlin

Will Merison

IG Design Group plc on 6ix

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