IG Design Group plc reported earnings results for the half year ended September 30, 2023. For the half year, the company reported sales was USD 444.05 million compared to USD 521.18 million a year ago. Net income was USD 23.91 million compared to USD 22.75 million a year ago.
Basic earnings per share from continuing operations was USD 0.246 compared to USD 0.231 a year ago. Diluted earnings per share from continuing operations was USD 0.244 compared to USD 0.231 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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