IG Design Group plc reported earnings results for the full year ended March 31, 2024. For the full year, the company reported sales was USD 800.05 million compared to USD 890.31 million a year ago. Net income was USD 35.63 million compared to net loss of USD 27.99 million a year ago.
Basic earnings per share from continuing operations was USD 0.368 compared to basic loss per share from continuing operations of USD 0.286 a year ago. Diluted earnings per share from continuing operations was USD 0.366 compared to diluted loss per share from continuing operations of USD 0.286 a year ago.
IG Design Group plc designs, manufactures, sources, and distributes a range of products for occasions across the globe. The Company works with retailers, offering a full end-to-end service from design through distribution. It manufactures and distributes celebrations, craft and creative play, stationery, gifting, and not-for-resale consumable products. Its segments include DG Americas and DG International. The DG Americas segment includes overseas operations in Asia, Australia, the United Kingdom, India, and Mexico, being the overseas entities of United States companies. The DG International segment comprises the consolidation of the separately owned United Kingdom, European, Asia and Australian businesses. Its celebration products include greeting cards, gift wrap, Christmas crackers, gift bags, and partyware. It also specializes in researching, designing, sourcing, and distributing both licensed and bespoke food and non-food gifts. Its brands include TOM SMITH, perler and Butterick.
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