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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cake Box Holdings Plc | LSE:CBOX | London | Ordinary Share | GB00BDZWB751 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.50 | 1.49% | 170.00 | 165.00 | 170.00 | 167.50 | 167.50 | 167.50 | 1,403 | 16:35:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Bread, Bakery Pds, Ex Cookie | 34.8M | 4.24M | 0.1059 | 15.82 | 67M |
From Apr 2019 to Apr 2024
TIDMCBOX
RNS Number : 9656D
Cake Box Holdings PLC
15 October 2018
15 October 2018
Cake Box Holdings plc
("Cake Box" or the "Company" or the "Group")
Half Year Trading Update
Cake Box Holdings plc, the specialist retailer of fresh cream cakes, today announces a trading update for the six months ended 30 September 2018.
The Group traded strongly during the period with average sales per store continuing to grow and a record number of new store openings. The Group expects to report revenue for the period up c.40% to c.GBP8.3m compared to the same period last year. Following the strong first half of the year, the Board now expects profits for the full year to be ahead of current market expectations.
15 new franchise stores were added during the period, bringing the total number of stores to 102. Recent store openings included Bletchley, Northampton and Derby.
The Group will report its Half-Year results for the six months ended 30 September 2018 on 26 November 2018.
Sukh Chamdal, Chief Executive Officer, commented:
"We have delivered a strong trading performance for the period, during which we successfully completed our IPO in June. We continue to build momentum with a record number of new franchise store openings, and an increase in the average sales per store.
"We look forward to the second half of the financial year with confidence, with a strong pipeline of new franchise stores putting us on track to match the number of stores opened during the first half."
For further information, please contact:
Cake Box Holdings plc Sukh Chamdal, CEO Pardip Dass, CFO +44 (0) 20 8443 1113 Shore Capital Stephane Auton Patrick Castle James Thomas +44 (0) 20 7408 4090 MHP Communications Oliver Hughes Simon Hockridge Charlie Barker Pete Lambie +44 (0) 20 3128 8570
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
TSTUORSRWOARAAA
(END) Dow Jones Newswires
October 15, 2018 02:00 ET (06:00 GMT)
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