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IG Design Group Plc expects to report 40% growth in reported revenue for H1 2020

1 min read | October 19, 2020 11:37 AM BST | By Team Kalkine Media
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IG Design Group Plc (LON:IGR), one of the major designers, pioneers and makers of gifting, celebrations, stationery, and craft has released a trading update for the six months ended 30 September 2020.

  • The group is expecting to deliver a 40 per cent year on year increase in reported revenue to around $435 million for the reported period.
  • The reported revenue also included $149 million from CSS Industries Inc. and was majorly driven by the better than expected performances from both the divisions; Americas (DG Americas and CSS) and International (previously UK, Europe and Australia).
  • On 19 October 2020, the stocks of the company surged by 11.18% from the previous closing, hovering at around GBX 462.50 at 09:19 AM GMT+1.

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