IG Design Group Plc Full Year Results Announcement 2021
An update on helping people celebrate life’s special occasions and inspiring individuals’ creativity. Click to download Full Year Results.
Download: 2021 Full Year Results Announcement (PDF)
View: 2021 Interactive Annual Report
Download: Full Year Results Report (PDF)
What’s Covered
Click to jump to your area of interest or scroll to read full report summary
Our Group Goals
Watch: 2021 Full Year Results
Results Highlights
CEO & CFO Results Presentation
Our Business at a Glance
Downloads
Our Goals Are
Customers
to be the ‘partner of choice’ across an increasing range of products and categories where our customers value our fast pace, innovation, market focus and flexibility
Team
to have a creative and winning culture focused on developing a team that looks to accomplish great things
Suppliers
to build relationships with suppliers who provide capacity, enable us to compete profitably and share our passion for design and innovation
Investors
to continue to grow our Group and deliver returns well above market performance
Watch
2021 Full Year Results
Delivering Our Commitment to Shareholders
Results Highlights
Delivering growth
Adjusted earnings per share
Aim to deliver double digit three year compound annual growth
-
2017:
23.9
-
2018:
29.3
-
2019:
38.1
-
2020:
32.7
-
2021:
25.9
Adjusted earnings per share(a) (cents) 2021 reported diluted earnings per share 8.4c (2020: 19.8c)
Revenue
+40%
2020: $624.3m
Adjusted profit before tax(a)
+4%
2020: $35.4m
Reported profit/(loss) before tax
2020: $(0.9)m
Generating cash
Average leverage
Sustain long term average leverage below 2.0x
-
2017:
2.3x
-
2018:
1.5x
-
2019:
1.3x
-
2020:
0.9x
-
2021:
0.0x
Average leverage(a)
Adjusted EBITDA(a)
+30%
2020: $59.5m
Average bank debt
2020: $43.6m
Improving returns
Dividend
Trend upwards until 2.5x covered (40% pay out)
-
2017:
4.5
-
2018:
6.0
-
2019:
8.5
-
2020:
8.75
-
2021:
8.75
Dividends (pence)
Cash conversion(a)
2020: 91.1%
Return on capital employed(a)
2020: 20.3%
Watch
CEO & CFO Results Presentation
Design Group
Our Business at a Glance
Revenue by customer destination
Americas
$621.7m
2020: $382.9m
-
2021:
71%
-
2020:
61%
International
$251.5m
2020: $241.4m
-
2021:
29%
-
2020:
39%
Revenue by source
Sourced
-
2021:
67%
-
2020:
65%
Manufactured In-house
-
2021:
33%
-
2020:
35%
Revenue by product
Celebrations
-
2021:
60%
-
2020:
75%
Craft & creative play
-
2021:
18%
-
2020:
7%
Gifting
-
2021:
12%
-
2020:
11%
‘Not-for-resale’ consumables
-
2021:
6%
-
2020:
3%
Stationery
-
2021:
4%
-
2020:
4%
Revenue by season
Everyday
-
2021:
50%
-
2020:
39%
Christmas
-
2021:
43%
-
2020:
56%
Minor
-
2021:
7%
-
2020:
5%