Earnings release
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RNS Number : 4928SIG Design Group PLC11 February 2026 11 February 2026 IG Design Group plc (the "Company", the "Group" or "Design Group") Trading update Revenue, profit and cash ahead of expectations IG Design Group plc, a leading designer, innovator and manufacturer across various celebration and creativecategories, issues a trading update to 31 December 2025, and an update on its outlook. The trading updaterefers to the continuing business of the Group only, excluding adjusting items and losses related to the disposalof DG Americas announced in May 2025. The Board is pleased to report that trading for the nine months ended 31 December 2025, includingperformance over the Christmas trading period, has been in line with expectations. For the full financial year ending 31 March 2026 ("FY2026"), the Board now anticipates being at the upper end of the previously stated guidance* and above current market consensus**. FY2026 revenues are anticipated tobe c.$280-285 million, with final quarter sales expected to be in line with prior year. Adjusted operating marginis also expected to be at the higher end of expectation at c.4%. Together with interest income above currentmarket expectations, this is expected to result in adjusted profit exceeding current market expectations. Cash performance during the year has been particularly strong, with full-year net cash expected to be c.$55-60 million, which is c.$15-20 million ahead of market expectations*. This outperformance reflects disciplined cashand working capital management across the continuing Group following the disposal of DG Americas. Inaddition, the sale of a surplus UK warehouse has been provisionally agreed and is expected to close by year end,further strengthening the cash position. Looking beyond FY2026, the Board's outlook remains consistent with prior guidance. The underlying business isexpected to deliver annual revenue growth of 0-5%, adjusted operating margins of 4-5% and sustainable cashgeneration of $6-8 million per annum. Alongside this, the Group continues to focus on its long-term growthpillars which are expected to drive incremental value creation beyond the underlying trading performance. On 4 February 2026, the Company announced that all resolutions put to shareholders relating to the capitalreduction, to create additional distributable reserves that would allow the Company to make future shareholderdistributions, had been approved. The Group expects to publish its FY2026 results in June 2026, which willinclude an update on its future capital allocation policy. The CEO recruitment process remains underway. Stewart Gilliland remains committed to the role of InterimExecutive Chair until an appointment has been finalised. The Group intends to adopt GBP as its presentation currency for consolidated financial statements, replacingUSD, effective from the FY2026 full-year results. * Previously stated guidance: revenue $270-280 million, adjusted operating margin 3-4% and cash $40-45 million.** Current market consensus: revenue $275 million, adjusted operating profit $9.7 million, adjusted profit $7.6 million and cash $42 million. For further information, please contact: IG Design Group plc Tel: +44 (0)1525 887310Stewart Gilliland, Interim Executive ChairRohan Cummings, Chief Financial Officer Canaccord Genuity Limited (Nomad and Broker) Tel: +44 (0)20 7523 8000Bobbie HilliamElizabeth Halley-Stott Alma Strategic Communications Tel: +44 (0)20 3405 0205Rebecca Sanders-Hewett designgroup@almastrategic.comSam ModlinWill Merison
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