IG Design expects FY26 revenue of $292 mln

IG Design

30/04/2026 07:18

Overview

UK celebration products maker expects FY2026 revenue of $292 mln, ahead of company-compiled market estimates

Adjusted operating profit and year-end cash also expected to exceed company-provided forecasts, driven by working capital management

Company acquired Glenart S.A. to expand Celebrate category and geographic presence

Outlook

Company remains cautious in outlook due to macroeconomic uncertainty, cost pressures and weak consumer confidence

IG Design to provide update on capital allocation policy with full-year results

Result Drivers

WORKING CAPITAL MANAGEMENT - Co said strong working capital management was a key factor in exceeding cash expectations

ASSET SALE - Proceeds from the sale of a surplus UK warehouse contributed to cash generation

Company press release: ID:nRSd4836Ca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue Estimate
$292 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the paper packaging peer group is "buy"

Wall Street's median 12-month price target for IG Design Group PLC is GBp130.00, about 132.1% above its April 29 closing price of GBp56.00

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 17 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)