**Summary**
IG Design Group PLC issued a trading update on February 11, 2026, reporting strong performance for the nine months ended December 31, 2025, with revenue, profit, and cash generation exceeding expectations. For the full financial year ending March 31, 2026 (FY2026), the company anticipates revenues of $280–285 million, adjusted operating margins of around 4%, and net cash of $55–60 million, all ahead of market consensus. This outperformance is attributed to disciplined cash management and the sale of a surplus UK warehouse. The company maintains its long-term outlook, expecting annual revenue growth of 0–5%, adjusted operating margins of 4–5%, and sustainable cash generation of $6–8 million annually. Shareholder resolutions for a capital reduction to enable future distributions were approved, and the company plans to adopt GBP as its presentation currency from FY2026 results. The CEO recruitment process is ongoing, with Stewart Gilliland serving as Interim Executive Chair. Full FY2026 results, including an update on capital allocation, are expected in June 2026.