Focus on the cash flow
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Results and updates covered here include those of some highly acquisitive smaller companies, including one where the debt load is substantial. With the financial statements featuring a plethora of adjustments, prospective investors should focus on the cash flow. (Free to read)
IG Design: much as anticipated
Shares in IG Design Group (LON:IGR), the manufacturer of gift packaging, craft & creative play products, had already tumbled following a recent trading update, so the latest interim results to 30 September 2021 offered little that was new.
First half revenue rose 11% to $483.9m with lower operating margins resulting in adjusted profit before tax 34% lower at $19.9m and adjusted earnings per share down 38% to 13.6…
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