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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
IG Design shares are holding up well

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Shares in greeting cards, gift packaging and creative play products maker IG Design (IGR:AIM) have held up well amid the market carnage with investors cognisant of the group’s excellent long-term growth prospects.
Following the seasonal trading period and the completion of its CSS acquisition, IG Design assured (4 Mar) it is on track to meet market expectations and is closely monitoring the developments regarding coronavirus and its potential impact on the business.
‘With the current known scale of the outbreak, it is not expected that there will be a material impact to the group’s current forecasts,’ assured IG Design, whose China factory is operating, with production volumes expected to increase over the coming weeks.
IG Design also explained: ‘We continue to work with our suppliers in China to ensure deliveries of our customers’ orders are managed through this period, including as necessary, mitigating strategies such as alternative sourcing arrangements and using existing inventory reserves.’
Having wrapped up the takeover of CSS on schedule, IG Design is pressing ahead with integrating an acquisition that doubles the size of its US business and dovetails nicely with previous purchase Impact Innovations.
SHARES SAYS: We remain enthused by IG Design, the CSS deal looks a positive purchase and the company appears to be doing well in dealing with the coronavirus situation.
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.
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