IG Design Group (IGR) Full Year 2026 Results - June 2026

Moving on to the full year summary for 2026.

It's been a transformational year for the group following the sale of DG Americas to Hilco on the 30th of May, 2025.

We're now a more focused and less complex business with the quality of our earnings materially improved.

All of the results we are presenting today relate to the continuing group on our own Sterling.

We have delivered strong results against the backdrop of still challenging market conditions.

Revenue, profit and cash were ahead of expectations, demonstrating the resilience of a more focused group.

We've delivered revenue of 217.9 million and operating margins of 4.4%.

We're pleased with our strong net cash position of 54.6 million, where the continuing group generated 16.2 million of cash in the year.

This provides a robust platform for future growth and Rome will take you through the financials shortly.

Strategically, we've made significant progress.

The disposal of DG Americas marks an important milestone in the simplifying of the group.

We've continued to build momentum across our strategic growth pillars, including the bolt-on acquisition of Glenart.

Looking ahead, the outlook remains positive.

We've strengthened our leadership with the appointment of a new CEO, Gerald Kuehr, who joined as CEO designate on the 1st of May, 2026, and will assume the role of CEO on the 1st of July, 26, at which point I'll return to my role as non-exec chair.

Gerald has been working with the group since January, so he already has a strong understanding of the strategy, operations, and our customers.

Additionally, our guidance remains unchanged, reinforced by an order book with levels of 78% of budgeted revenues, and we continue to see a supportive order book underpinning confidence in the period ahead.

We're very pleased to announce both a dividend and a share buyback, reflecting our clear commitment to long-term shareholder value creation.

I will cover our new disciplined capital allocation policy in more detail later.

Overall, IG Design Group is now a smaller, simpler, more focused business.

One that is profitable, cash generative, and supported by a strong balance sheet, positioned as well for the future.

This side reflects the group as it stands today following the transformation over the last year.

While we continue to have broad reach with over 550 million products sold annually across more than 50 countries, the real strength of the business is in the quality and durability of our customer relationships.

We have longstanding partnerships with the winning retailers, including Aldi, Tesco, Action, and Costco.

These relationships are central to our model with our customer base increasingly weighted towards the resilient value and mass channel, which now represents 76% of group revenue.

Our model is supported by our core capabilities, product design and innovation, responsible sustainable sourcing, and a well-established distribution network, alongside the market insight that enables us to anticipate trends and stay relevant in a fast-moving and often seasonal category.