IG Design Group PLC (LON:IGR) has told investors that “record sales” in continental Europe and a strong order book have helped it to deliver a solid first quarter.
The giftware and stationery firm saw growth across of all of its key regions in the three months to the end of June, including in the Americas, Australia, the UK as well as continental Europe.
It also said it was starting to feel the benefits from its capital investment projects.
“The Group has made a most encouraging start to the year with our order book at record levels and an excellent blend of sales activity across categories, regions and brands,” said chief executive Paul Fineman.
IG also said that its new US acquisition, Lang Companies Inc, has “hit the ground running” and is integrating well into the group.
“Early indications are positive and we are confident of future growth opportunities. This is particularly pleasing alongside the robust organic growth that we are achieving throughout the group,” Fineman added.
The group has previously told investors that Brexit will result in “no material change” on the company’s outlook.
Last year, the London-listed firm – which specialises in themed giftware and stationery – sold over 40mln pens and pencils, more than 750mln stickers and over 80mln Christmas crackers.
Shares were down 3.5p, or 1.5%, to 238p.