Bagging record order books

IG Design continues to deliver impressive growth. Its Q1 trading update shows momentum carrying into the new financial year and the group on track to meet (and possibly exceed) our FY18 target. Initiatives to stimulate organic growth and further benefits of last year’s US acquisition are driving progress, with the stronger balance sheet also giving potential for further acquisitions. The share price has performed well over the last year and the valuation is underpinned by the strong cash generation.