IG Design Group plc AIM:IGR
- Incorporated
- United Kingdom
- Chief executive
- Gerald Kuehr
- Employees
- 826
- Reports in
- GBP
- Companies House
- 01401155
Read straight from the annual reports
93.0p at close on 7 Oct 2026 · 12 reported years, 2015–2026
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GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
12 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
IG Design Group makes and sells gift wrap, cards, party goods and craft products to shops in the UK, Europe and Australia. In the year to 31 March 2026, sales fell to £217.9m from £225.4m, and profit from its remaining businesses also fell. The overall loss for the year widened to £112.3m. Almost all of that loss came from a large one-off cost of selling its loss-making US business in May 2025. In the remaining business, UK sales dropped as US tariffs led its largest customer to order less, and price cuts to stay competitive squeezed profits in Europe. Cash at the year end was £54.7m, down from £105.5m, and the company had almost no borrowing. It restarted its dividend at 1p a share and plans to buy back some of its own shares. Management expects modest sales growth and says orders already cover 78% of budgeted sales for the coming year. The auditor raised no concerns. However, the report rates several risks as high, including weak consumer spending and reliance on suppliers in China.
Gift packaging (giftwrap, cards, gift bags) – largest category
Gift packaging revenue £132.4m, 61% of Group revenue in FY2026
page 15Value & Mass retail channel
Value & Mass revenue £165.4m, 76% of Group revenue (FY2025: 73%)
page 15US tariffs on UK-destined goods affecting DG UK's largest customer
Revenue decline of 12% in DG UK reflecting impact of US tariffs on DG UK's largest customer leading to reduced ordering volumes
page 14Competitive pricing pressure in European giftwrap
DG Europe adjusted operating margin reduced to 11.2% from 14.3% reflecting pricing investment to maintain competitiveness
page 13−£1.3m charge: Integration and restructuring costs (Far East reorganisation, DG UK reorganisation, DG Australia warehouse relocation/legacy lease)
page 88The Group expects to deliver annual revenue growth in the range of 0-5% per annum, adjusted operating margins of 4-5%, and annual free cash generation of approximately £5 million, supported by continued execution against its strategic priorities.
page 12On 29 April 2026, the Group completed the acquisition of 100% of the Glenart group of companies, a South African design-led manufacturer/distributor in the Celebrate category (crackers), for an aggregate consideration based on a multiple of Glenart's EBITDA: initial cash consideration ~ZAR76.5m (£3.4m) paid on completion, plus deferred consideration payable over 3 years (minimum ZAR42.6m / £1.9m) and additional performance-related contingent consideration linked to EBITDA for FY Feb 2027-2029
page 20Progressive dividend policy seeking to move towards a dividend cover of no less than 3x over time, alongside return of surplus capital where appropriate. FY2026 final dividend of 1.0p per share declared (FY2025: nil), representing cover of 7.2x and total cash distribution of £1.0 million, payable 9 October 2026. Post year-end, Board also announced initiation of a share buyback programme for up to 10% of issued share capital, funded from distributable reserves, to commence 16 June 2026.
page 13Directors adopted the going concern basis, having assessed forecasts to 30 September 2027 under severe-but-plausible downside scenarios (loss of a major customer worth ~£27m sales, £5.6m freight cost inflation, a £16m cyber-security-driven receivables reduction); sufficient headroom against the new £40m Receivables Finance facility was demonstrated. PwC (Daniel Brew, Senior Statutory Auditor) issued an unqualified (true and fair) opinion; key audit matters were (1) disposal of DG Americas and discontinued operations presentation, and (2) recognition/measurement of the provision relating to the Parent Company guarantee over former DG Americas leased property. Overall Group materiality £2,170,000 (1% of revenue).
page 68- Macroeconomic uncertainty - geopolitical tensions, energy price volatility, trade shifts, raw material/freight/people cost pressure, consumer demand/credit risk (post-mitigation: high)p.39
- Strategy execution risk - lack of pace/poor execution in delivering Group strategy (post-mitigation: medium, decreased following DG Americas divestment)p.39
- Consumers - inability to respond to changing consumer behaviour/demand trends amid cost-of-living pressures (post-mitigation: high)p.40
- Information security - cyber-attack or data breach causing business disruption, data loss, reputational damage (post-mitigation: high)p.40
Read from C000649-AR-2026-ch.
11 annual reports read, FY2016 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (9), FCA NSM (2)
FY2027Next report expected 1 Jul 2027