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IG Design ( (GB:IGR) ) has provided an announcement.
IG Design Group PLC has announced the completion of the sale of its former distribution facility in Bloomsburg, Pennsylvania, by its subsidiary Berwick Offray LLC to Union PA Holdings LLC Limited for $8.4 million. This transaction results in a profit of $4.9 million for the company, indicating a strategic move to optimize its asset portfolio and enhance financial performance.
More about IG Design
IG Design Group PLC operates in the design and manufacturing industry, focusing on producing a wide range of consumer products, including gift packaging, greeting cards, and stationery. The company serves a diverse market, providing products for various occasions and celebrations.
YTD Price Performance: -61.97%
Average Trading Volume: 502,258
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £56.98M
For a thorough assessment of IGR stock, go to TipRanks’ Stock Analysis page.