IG Design Group Plc 2022 Half Year Results Announcement
An update on helping people create and celebrate the good things in life. View full result highlights and announcement below.
Download: 2022 Half Year Results Announcement (PDF)
Download: 2022 Half Year Report (PDF)
View: 2021 Interactive Annual Report
What’s Covered
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Our Group Goals
Watch: 2022 Half Year Results
Results Highlights
CEO and CFO 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
2022 Half 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
-
2021:
22.0
-
2022:
13.6
Adjusted earnings per share(a) (cents)
Revenue
2021: $434.6m
Adjusted profit before tax(a)
2021: $30.2m
Reported profit/(loss) before tax
2021: $17.1m
Generating cash
Average leverage
Sustain long term average leverage below 2.0x
-
2021:
0.2x
-
0.0x – 2022:
0.0x
Average leverage(a)
Adjusted EBITDA(a)
2021: $49.7m
Net debt
2021: ($23.2m)
Improving returns
Dividend
Trend upwards until 2.5x covered (40% pay out)
-
2021:
3.5
-
2022:
1.25
Dividends (pence)
CEO and CFO Presentation
2022 Half Year Presentation
Design Group
Our Business at a Glance
Revenue by customer destination
Americas
$356.6m
2021: $324.4m
-
2022:
74%
-
2021:
75%
International
$127.3m
2021: $110.2m
-
2022:
26%
-
2021:
25%
Revenue by source
Sourced
-
2022:
72%
-
2021:
72%
Manufactured In-house
-
2022:
28%
-
2021:
28%
Revenue by product
Celebrations
-
2022:
64%
-
2021:
62%
Craft & creative play
-
2022:
15%
-
2021:
18%
Gifting
-
2022:
9%
-
2021:
8%
‘Not-for-resale’ consumables
-
2022:
7%
-
2021:
7%
Stationery
-
2022:
5%
-
2021:
5%
Revenue by season
Everyday
-
2022:
50%
-
2021:
48%
Christmas
-
2022:
46%
-
2021:
47%
Minor
-
2022:
4%
-
2021:
5%