There are no celebrations at IG Design Group (LON: IGR) following its warning about margins. This led to the share price falling by more than one-third.
First half trading has been reasonably good, but the second half is always most important for the gift packaging and giftware business. The extension of the product range into craft products has helped to reduce the second half weighting, but it is still significant because of the Christmas season.
Management warns that operating m...
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