IG Design (GB:IGR) has released an update.
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IG Design Group PLC reports a continued transformation with a focus on improving margins, expecting to exceed a 20% growth in adjusted profit for FY25, despite facing revenue declines, particularly in its DG Americas division. The company remains cash positive with a strong net cash position and anticipates a year-on-year increase in operating profit with margins above pre-pandemic levels. Strategic initiatives and mix improvements are projected to bolster second-half profitability.
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