Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
IGRI.L - IG Design Group PLC
Half Year 2025 IG Design Group PLC Earnings Call
Nov 26, 2024 / 11:00AM GMT
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Presentation
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Unidentified_1 [1]
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Hello everyone.
Today we provide you with an update on our performance and results for the six months to 30. September 2024 being the first half of our year ending 31 March 2025.
Also with me today is Rowan Cummings our group CFO in overall summary in slide 2, we are operating in a period of ongoing difficult trading conditions in some markets, particularly in our biggest division. DG America's servicing the US market group revenue was down 11% as we communicated in our recent trading updates in September and October, the tough retail environment that I refer to when we report it in June stays with us underlying. This is subdued consumer sentiment suffering from the successive hits of higher inflation, interest