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IG Design's turnaround remains a work in progress

Management remains confident of achieving pre-pandemic operating margins, although recovery is taking longer than anticipated
IG Design's turnaround remains a work in progressPublished on November 26, 2024
  • Input inflation still an issue
  • Volumes remain constrained

The share price of IG Design (IGR) has taken another tumble after the gift wrap and stationery supplier revealed weakening sales and a 62 per cent fall in adjusted operating profit to $14.7mn (£11.7mn) at the half-year mark.

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