Share Name Share Symbol Market Type Share ISIN Share Description
Gusbourne Plc LSE:GUS London Ordinary Share GB00B8TS4M09 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 100.50 1,000 08:00:00
Bid Price Offer Price High Price Low Price Open Price
100.00 101.00 100.50 100.50 100.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 2.29 -3.07 -6.60 47
Last Trade Time Trade Type Trade Size Trade Price Currency
08:30:12 O 1,000 100.9999 GBX

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Date Time Title Posts
22/7/202108:26Gusbourne Estates33
22/12/200919:59GUS: Great,Universal with wealth in Stores195
18/8/200621:29Have you been 'scammed' by Experian?7
27/2/200622:46GUS - buy opportunity ?-

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Gusbourne Daily Update: Gusbourne Plc is listed in the General Financial sector of the London Stock Exchange with ticker GUS. The last closing price for Gusbourne was 100.50p.
Gusbourne Plc has a 4 week average price of 86.50p and a 12 week average price of 79p.
The 1 year high share price is 104p while the 1 year low share price is currently 54.50p.
There are currently 46,491,119 shares in issue and the average daily traded volume is 11,397 shares. The market capitalisation of Gusbourne Plc is £46,723,574.60.
ayl30: Ta, will take a look See price has ticked up again to 83p
ayl30: Hi JAF, I bought in after reading the FT article, GUS sounded a great story and I like 'niche' companies where the barrier to entry is high.A bit of diversification in my p/f to an 'alternative' investment seemed a good idea too. Lets hope it continues to prosper, I would have thought harvest this year would be good
jaf111: Yes very quiet..... Price motoring....I wonder whether the planned equity issue @ 60p is now no more....and that something else underway..... Either way an announcement due soon - deadline for the proposed fundraise 31 August......
ayl30: So quiet? Anyone there? I see the price has gone up again, jolly good
roddyb: "?" indeed... The share price is bouncing around on a daily turnover of shares of about 5,000, yet today we have seen about 22,000 change hands? All pretty small beer except for the share price increase...
jonwig: Chapel Down harvest report: Chapel Down is delighted to announce the conclusion of the 2014 harvest, which has surpassed expectations in both quality and quantity. Total tonnage of fruit received at the winery increased more than 40 per cent over 2013’s record harvest and Chapel Down will be able to produce nearly 1 million bottles of wine from the 2014 harvest. In addition the class of fruit received was excellent and will allow the Company to make still and sparkling wine of the very highest standard. GUS estate is about 4 miles away.
jonwig: The H1 results this morning include; The Group's activities are financed by its own cash resources, bank loans and convertible bonds. Bank loans and convertible bonds at 30 June 2014 amount in total to £3,792,000 (2013 - £nil)) and represent 57% of total equity (2013 - 0%).The achievement of the Group's long term development strategy will depend on the raising of further equity and/or debt funds to achieve those goals. Additional funding will be sought by the Company to invest in additional vineyards, winery capacity, and stocks of wine as well as brand development, in line with its development strategy. I'd love to invest here, for the same reasons as Lord Ashcroft. My pockets aren't as deep as his, unfortunately! By the time it moves into sustainable profit (after 2017?) the share price will already have risen. Or not, if it flops.
jonwig: IC article this week about mostly Chapel Down, also about GUS: The other winery looking to raise capital is Aim-traded Gusbourne (GUS). Based near Ashford, just a few miles from Chapel Down, Gusbourne has none of its peer's flashy visitor facilities, operating instead out of a giant shed. It is also many years behind Chapel Down in terms of business maturity, with no expectation of cash profits before 2018. What it does offer is a premium brand (the company's benchmark bubbly sells for £28, compared with under £20 for Chapel Down's), backed by an impressive haul of awards and a commitment to the finer points of viticulture, including a very costly four-year production process. Revealingly, chief executive Ben Walgate was trained at Plumpton Agricultural College, not business school. At an offer price of 77p, compared with net tangible assets of 40p, Gusbourne's shares are clearly a riskier proposition than Chapel Down's. However, the key risk - that the company runs out of working capital while it waits for its stocks to mature - is mitigated by the backing of Lord Ashcroft, who owns 64 per cent of the shares. "Lord Ashcroft enjoys Gusbourne very much," stresses Mr Walgate. For personal as much as for economic reasons, Gusbourne might not be allowed to go bust.
ariane: GUS underlying H1 profit down 8 pct as Burberry demerger set for Dec 13 LONDON (AFX) - GUS PLC, the retail and business services group, reported a better-than-expected 8 pct fall in first-half underlying pretax profit as it set Dec 13 as the date for the demerger of its remaining 65 pct stake in Burberry Group PLC, the luxury brand. Subject to shareholder approval GUS will allocate the Burberry holding to its shareholders by way of a "dividend in specie". The move will be accompanied by a consolidation of GUS shares, designed to keep the GUS share price at approximately the same level, subject to normal market movements, before and after the demerger. For every 1,000 existing GUS shares held at 7.00 am on Dec 13 GUS shareholders will receive 305 Burberry shares and approximately 859 new GUS shares. For the six months to Sept 30 2005, GUS made a profit before tax, exceptional items and amortisation of 376 mln stg under new IFRS accounting rules compared to analyst expectations of 346-374 mln stg but down from a re-stated 407 mln stg last time. Pretax profit fell to 348 mln stg from 365 mln stg. The interim dividend is 9.6 pence per new consolidated GUS share versus 9.0 pence per existing share. jdd/jc
maywillow: RNS Number:3673F GUS PLC 18 November 2004 18 November 2004 GUS plc Interim Results for the Six Months Ended 30 September 2004 Strong financial performance *15% increase in profit before amortisation of goodwill, exceptional items and taxation to #406m (2003: #354m) *Profit before tax increased to #323m (2003: #247m) *11% increase in basic earnings per share before amortisation of goodwill and exceptional items to 28.9p (2003: 26.0p) *Basic earnings per share 20.5p (2003: 15.3p) *13% increase in interim dividend to 9.0p (2003: 8.0p) *10.4% post-tax return on capital in the 12 months to 30 September 2004, showing continued improvement Record profits again at Argos, Experian and Burberry *Argos Retail Group: sales up 10% and profit up 13% *Experian: sales up 15% and profit up 13% for continuing activities at constant exchange rates *Burberry: sales up 14% and profit up 22% at constant exchange rates Further initiatives to enhance shareholder value *Portfolio reshaping continues: IPO of 46% stake in Lewis Group completed; further Experian infill acquisitions; Burberry share repurchase programme of about #250m *#67m of GUS #200m share buyback programme completed Sir Victor Blank, Chairman of GUS, commented: "GUS has once again achieved record half-year profits. We have continued to invest across the Group to further enhance shareholder value. I would like to thank everybody at GUS for contributing to these excellent results." John Peace, Group Chief Executive of GUS, commented: "In the first half, we delivered double-digit sales and profit growth at constant exchange rates in each of our main businesses. While not underestimating the current challenges in some of our markets, we have clear strategies for growth in each of our businesses and are confident of the strength of their competitive positions." Enquiries GUS John Peace Group Chief Executive 020 7495 0070 David Tyler Group Finance Director Fay Dodds Director of Investor Relations Finsbury Rupert Younger 020 7251 3801 Rollo Head There will be a presentation today at 9.30am to analysts and investors at the Merrill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HQ. The presentation can be viewed live on the GUS website at The supporting slides and an indexed replay will also be available there later in the day. There will be a conference call to discuss the results at 3.00pm today (UK time), with a recording available later on the website. All relevant GUS, Burberry and Lewis Group announcements are also available on GUS will issue its Third Quarter Trading Update on 13 January 2005. Its preliminary results for the year to 31 March 2005 will be announced on 25 May 2005. Certain statements made in this announcement are forward looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future results in forward looking statements. GROUP STRATEGY In May 2004, the Board of GUS stated that it believed that there is further scope to increase shareholder value significantly. Considerable progress has been made during the first half of the year. Delivered strong financial performance GUS has grown profit before tax by 15% in the first half. Each of our three main businesses has again reported record operating profits and generated double-digit sales and profit growth at constant exchange rates. The interim dividend has been increased by 13%. Continued to invest in three main businesses GUS has continued to invest in its main activities through a combination of capital expenditure (#164m in the period), working capital (a #57m increase in the Financial Services loan book) and acquisition (#36m on buying complementary businesses for Experian). Continued to transform the Group The partial IPO of the Lewis Group took place in September 2004. GUS sold 46m shares (or 46% of the equity) for net proceeds of #105m. It will also transfer about three million shares to Lewis share incentive schemes. Although the transaction is modestly dilutive to earnings, the listing has enabled GUS to realise value, while at the same time enhancing the development opportunities for Lewis. The share repurchase programme announced by Burberry will enable GUS to maintain its existing holding in Burberry while receiving about #165m in available cash. Burberry has announced a share repurchase programme of approximately #250m, following a review of its balance sheet strategy. This is expected to be completed by March 2006. GUS will retain its existing 66% stake in Burberry, but benefit from Burberry returning cash to its shareholders. To effect this transaction, for every share bought in the market from external shareholders, Burberry will purchase a proportionate number of shares directly from GUS at the same price. This mechanism is subject to approval at a Burberry EGM. GUS has completed #67m of its share buyback programme of approximately #200m announced in May 2004 (7.8m shares at an average price of 850p). This is in addition to #191m of dividends paid to shareholders in the first half. GUS expects to complete the balance of the buyback as planned by the end of this financial year. The scope for subsequent buybacks will, as previously announced, be regularly reviewed. Initiated strategic review process GUS announced in May 2004 that its Board would actively review all strategic options over a two-year period in order to create further value for its shareholders. This process is on track and GUS will update shareholders in due course. GROUP FINANCIAL HIGHLIGHTS Sales from continuing operations up 8% to #3.7bn An increase of 15% to #406m of profit before amortisation of goodwill, exceptional items and taxation. This is after an adverse foreign exchange movement of #14m. An increase of 11% to 28.9p in earnings per share before amortisation of goodwill and exceptional items. Minority interests were #19m (2003: #10m), reflecting strong profit growth at Burberry and the sale of a further stake in that business in November 2003. An effective tax rate of 24.4%, based on profit before amortisation of goodwill and before profits and losses on sale of businesses. This compares to 23.4% in the last financial year. Net debt reduced to #1.3bn at 30 September 2004, down from #1.5bn a year ago, driven by strong operational cash flow and proceeds from disposals. The increase of #58m in net debt since 31 March 2004 reflects the share buyback undertaken in the period. Interim dividend of 9.0p announced (2003: 8.0p). 10.4% post-tax return on capital for the 12 months to 30 September 2004, up from 9.4% for the previous 12 months. 6 months to 30 September Sales Profit before taxation -------------------- ---------------- ---------------- 2004 2003 2004 2003 #m #m #m #m -------------------- --------- --------- --------- --------- Argos Retail Group 2,675 2,435 172.7 153.0 Experian 645 638 152.7 145.7 Burberry 348 321 78.8 66.9 Other 81 73 14.0 10.0 --------- --------- --------- --------- Continuing operations 3,749 3,467 418.2 375.6 Discontinued operations - 269 - 15.0 --------- --------- --------- --------- Total 3,749 3,736 418.2 390.6 -------------------- --------- --------- Net interest (12.4) (36.2) --------- --------- Profit before amortisation of goodwill, exceptional 405.8 354.4 items and taxation Amortisation of goodwill (98.8) (91.4) Exceptional items 16.4 (15.6) --------- --------- Profit before taxation 323.4 247.4 ---------------------------------- --------- --------- EPS before amortisation of goodwill and exceptional 28.9p 26.0p items ---------------------------------- --------- --------- Basic EPS 20.5p 15.3p ---------------------------------- --------- --------- The profit before taxation figure shown against each business above is operating profit, defined as profit before interest, taxation, exceptional items and goodwill amortisation. The same definition of operating profit is used in each table in this announcement. 2003 sales have been restated for FRS 5 Application Note G. Discontinued operations include sales from Home shopping and Reality and operating profit from Property. See Appendix for details. ARGOS RETAIL GROUP (ARG) Sales up 10% to #2.7bn and profit up 13% to #173m at ARG, the UK's largest general merchandise retailer Argos again outperformed its market; 7% like-for-like sales growth Homebase demonstrating benefits of repositioning; 4% like-for-like sales growth ARG sourcing initiatives progressing well Financial Services moved into profit; driving merchandise sales in Argos and Homebase 6 months to 30 September Sales Operating profit -------------------- --------------- ---------------- 2004 2003 2004 2003 #m #m #m #m -------------------- -------- --------- --------- --------- Argos 1,552 1,377 85.7 73.9 Homebase 981 917 76.3 71.5 Financial Services 35 25 0.4 (3.3) Wehkamp 107 116 10.3 10.9 -------- --------- --------- --------- Total 2,675 2,435 172.7 153.0 -------------------- -------- --------- --------- --------- Operating margin 6.5% 6.3% -------------------- -------- --------- --------- --------- Notes (relevant to all ARG tables): 2003 sales and operating margin have been restated for FRS 5 Application Note G and exclude discontinued activities. Full details are given in the Appendix. Homebase sales and operating profit are for the seven-month periods to 30 September. ARG is focused principally on selling general merchandise in the UK. It has a multi-brand, multi-channel offer, supported where appropriate by a central infrastructure in areas such as sourcing and supplier management, multi-channel ordering and home delivery and financial services. At the time of the Homebase acquisition in December 2002, ARG expected integration benefits of at least #20m per annum within three years. Incremental benefits have now been identified, principally driven by joint sourcing activities. Sourcing savings have come through in greater quantity and faster than envisaged at the time of acquisition. Total benefits from the integration are therefore now expected to be about #40m in the year to March 2006, broadly double the initial target. These savings will be largely re-invested in lower prices or re-invested in the business to support future growth. Argos 6 months to 30 September 2004 2003 Growth #m #m ------------------------------ -------- --------- --------- Sales 1,552 1,377 13% Total growth 13% 14% Like-for-like growth 7% 7% Operating profit 85.7 73.9 16% Operating margin 5.5% 5.4% ------------------------------ -------- --------- --------- At 30 September Number of stores 570 540 Of which: Argos Extra stores 146 26 In an increasingly competitive general merchandise market in the UK, Argos aims to win more customers and a greater share of their spend by offering the most compelling combination of choice, value and convenience. Operational review Argos again clearly outperformed its market. Sales grew by 13% year-on-year as Argos made strong market share gains in many product categories, especially consumer electronics, photography, white goods and leisure. Argos Extra, which offers consumers even more choice, performed well in the first half. The Argos Extra range has 3,800 more lines than the main catalogue at 13,200. It is now available in 146 stores, of which 109 stock-in the additional lines. In the remaining 37 neighbourhood stores, customers can order the extended range for later collection. Leisure, storage and lighting ranges sold particularly well in the first half. A high single-digit percentage sales uplift continued to be achieved during the period in the Argos Extra stocked-in stores. Sales performance is stronger in those conurbations, such as Bristol, which have several Extra stores. The progress of Argos Extra will continue to be evaluated through peak trading. Argos continues to re-invest supply chain gains in further improving value for its customers. Prices on re-included lines in the Autumn/Winter 2004 catalogue are approximately 5% lower than last year, helped in part by the movement in the US dollar. Argos also continues to reduce prices during the life of the catalogue to improve its value proposition with customers. In the Spring/Summer 2004 catalogue, over 20% of sales were at promotional prices, broadly in line with the previous year. Argos continues to win share driven by the convenience of its multi-channel offer. Argos offers customers the ability to order or reserve goods in store, by phone or on the Internet, for delivery to store or home. Further progress was made during the first half in improving convenience: - Argos opened 14 stores in the first half, bringing the total to 570. A further 21 store openings are planned for the second half; - Argos Direct, the delivery to home operation, grew sales by 30% and accounted for 24% of total sales in the first half. The third Argos Direct two-man delivery warehouse in Darlington is planned to be operational in time for the build-up to Christmas 2005; - 5% of Argos' sales in the first half were ordered over the Internet for direct delivery to home. This increase of about 50% over the same period last year contributed to the growth in Argos Direct. In addition, 6% of total sales were reserved by customers, either by phone, Internet or text messaging, for later collection in-store; and - Argos will have quick pay kiosks in over 300 stores by Christmas 2004. Kiosks process about 8% of sales where present, reducing queuing in-store for customers. Financial review Sales for the six months of #1,552m increased by 13%, of which 6% came from new stores that continue to perform ahead of expectations. Like-for-like sales growth was 7%. Gross margin was in line with the previous year, with supply chain benefits continuing to fund lower prices. Operating profit grew by 16% and operating margin advanced by a further ten basis points to 5.5%, despite investment in the roll-out of Argos Extra and additional distribution capacity. Homebase 7 months to 30 September 2004 2003 Growth #m #m ------------------------------------- -------- --------- --------- Sales 981 917 7% Total growth1 6% 4% Like-for-like growth1 4% 2% Operating profit 76.3 71.5 7% Operating margin 7.8% 7.8% ------------------------------------- -------- --------- --------- At 30 September Number of stores 283 273 Of which: number with mezzanine floor 88 52 1 Total and like-for-like growth for H1 2004 excluded 29 February 2004. Homebase continues to reposition itself as the UK's leading home enhancement retailer. The key strategic priorities remain unchanged, being to: - improve the existing core business; - enhance and extend its home furnishings offer; and - deliver synergies by leveraging the scale and expertise of ARG. During the period under review, Homebase has made further substantial progress in executing and delivering on this strategy. Operational review Homebase continues to improve the in-store experience for its customers. The actions initiated during the last year to improve customer service, stock availability and retailing basics have continued in the first half. The results are beginning to show through in positive feedback from customers. Homebase has made good progress in range development and store layout, supporting the core DIY and decorating offer. Range developments have taken place on tiling, own brand paint and power tools, the latter being jointly sourced from the Far East with Argos. There has also been a successful new store design trial in Telford and Plymouth incorporating improved layout, range and navigation. This has included increased mezzanine space, allowing extensions to the core DIY and decorating product offer on the ground floor. Homebase continues to see strong growth in home furnishings, especially kitchens and bathrooms. New product ranges are better displayed in the new store formats and customer service is being enhanced by, for example, the roll-out of CAD systems across the chain. Homebase is also benefiting from the infrastructure and expertise of ARG. For example, there has been an encouraging response to its trial of a furniture catalogue in 15 of its stores. This offers furniture from both the Argos and Homebase ranges and is delivered to home using the Argos Direct infrastructure. Homebase continues to refine and roll out its mezzanine format. Homebase opened 21 mezzanines in the first half of the year, bringing the total to 88 and expects to open up to a further 25 in the second half. The latest enhanced mezzanine formats are trading well and delivering sales uplifts in excess of 15%. Homebase continues with its store opening programme. Homebase opened five stores in the first half, bringing the total to 283, and expects to open a further four new stores in the second half. Plans are in place to accelerate the store opening programme to about 45 new stores in the three years 2006 to 2008. This will add about 12% to selling space by March 2008. Combined sourcing improvements are ahead of plan and continue to fund re-investment in lower pricing where appropriate. Product sourcing between Argos and Homebase, using the ARG Far Eastern offices, has proved successful particularly in areas such as garden power, power tools and garden furniture. An accelerated pace of activity on joint programmes - including value chain improvement, reverse auctions and development of own-brand product - continues to drive down cost prices. Financial review Sales in the seven months to 30 September 2004 increased by 6%, 4% on a like-for-like basis (excluding 29 February 2004). The strong performances in kitchens, bathrooms and tiling continued, while there were good uplifts from new ranges in areas such as paints and power tools. Gross margin was in line with previous year, as supply chain gains funded lower prices and increased seasonal promotions. Operating profit at #76.3m grew by 7% compared to the same period last year, with operating margin remaining level at 7.8%. Investment in marketing and mezzanines increased year-on-year.
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