Design Group 2023 Half Year Results

Introduction from Stewart Gilliland

Our strong performance during this period has undoubtedly benefitted from customers seeking to avoid last year’s supply chain issues by ordering earlier, but also from recognising our high level of service and commitment to them. Pleasingly, the restructuring and simplification of the DG Americas business is progressing well. The turnaround of the Group has commenced and is expected to now gather momentum following the recently announced senior leadership appointments. Looking forward, the development of a growth-focused strategy alongside the establishment of a more resilient business model will benefit shareholders.

While the challenging external backdrop and the uncertain impact of sustained cost inflation on consumer sentiment in some markets does temper our optimism notwithstanding the strong start to this year, the Group has once again proved that it has extremely strong relationships with its customers and there is ongoing demand for our products.

Stewart Gilliland
Interim Executive Chair