Business
Interim Results
IG Design Group plc reported a 13% decrease in revenue to $131.4 million for the six months ended 30 September 2025, attributed to softer UK demand and external pressures, while adjusted operating profit fell to $5.7 million from $12.9 million in the prior year, with net cash at $1.9 million. Despite these declines, the company reaffirmed its full-year revenue guidance of $270-280 million and adjusted operating margin of 3-4%, supported by strong orderbook visibility at 96% entering the second half. The company also noted operational progress, including warehouse relocation and site closure, and continues its CEO recruitment process. Disclaimer*
About this update from Ig Design Group Plc
[{"type":"text","content":"\n\n2 December 2025\n \nIG Design Group plc\n(the \"Company\", the \"Group\" or \"Design Group\")\nResults for the six months ended 30 September 2025\n \nIG Design Group plc, a leading designer, innovator and manufacturer across various celebration and creative categories, announces its unaudited results for the six months ended 30 September 2025 ('the period').\nFollowing the disposal of DG Americas, the following Executive Review is presented on a continuing Group basis.\nHY2026 highlights\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\nHY2026\n\n\nHY2025\n\n\n\n\nRevenue\n\n\n$131.4m\n\n\n$151.3m\n\n\n\n\nAdjusted(*):\n\n\n \n\n\n \n\n\n\n\n\n\n\nOperating profit\n\n\n$5.7m\n\n\n$12.9m\n\n\n\n\n\n\n\nProfit before tax\n\n\n$5.3m\n\n\n$12.3m\n\n\n\n\n\n\n\nDiluted earnings per share\n\n\n4.9c\n\n\n10.2c\n\n\n\n\nReported:\n\n\n \n\n\n \n\n\n\n\n\n\n\nOperating profit\n\n\n$4.3m\n\n\n$8.6m\n\n\n\n\n\n\n\nProfit before tax\n\n\n$3.7m\n\n\n$8.0m\n\n\n\n\n\n\n\nDiluted earnings per share\n\n\n4.1c\n\n\n5.7c\n\n\n\n\nNet cash at period end\n\n\n$1.9m\n\n\n$7.4m\n\n\n\n\n\n*Adjusted results exclude the impact of adjusting items. For further detail see alternative performance measures reconciliation within the detailed financial review.\n\n\n\n\n· \n\n\nRevenue fell 13% to $131.4 million reflecting softer UK demand and the impact of US-tariffs, European pricing pressures, and timing of shipments moving into H2.\n\n\n\n\n· \n\n\nAdjusted operating profit of $5.7 million and adjusted operating margin of 4.3% fell year-on-year due to the impact of lower sales, partly offset by cost savings and freight tailwinds.\n\n\n\n\n· \n\n\nNet cash closed at $1.9 million, with Group cash outflow improving by 16% year-on-year.\n\n\n\n\n· \n\n\nOperational progress with the successful completion of Australian warehouse relocation and China site closure underpinning continued focus on efficiency and cost base.\n\n\n\n\n· \n\n\nCEO recruitment process remains underway with Stewart Gilliland committed to the role of Interim Executive Chair until an appointment has been finalised.\n\n\n\n\n \nOutlook\n\n\n\n\n· \n\n\nThe Board reaffirms its full-y...