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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sanderson Design Group Plc | SDG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 1.00 | 1.59% | 64.00 | 16:35:05 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 62.00 | 62.00 | 64.00 | 64.00 | 63.00 |
| Industry Sector |
|---|
| HOUSEHOLD GOODS & HOME CONSTRUCTION |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 16/10/2024 | Interim | GBP | 0.005 | 24/10/2024 | 25/10/2024 | 29/11/2024 |
| 24/04/2024 | Final | GBP | 0.0275 | 11/07/2024 | 12/07/2024 | 09/08/2024 |
| 11/10/2023 | Interim | GBP | 0.0075 | 19/10/2023 | 20/10/2023 | 24/11/2023 |
| 26/04/2023 | Final | GBP | 0.0275 | 13/07/2023 | 14/07/2023 | 11/08/2023 |
| 11/10/2022 | Interim | GBP | 0.0075 | 27/10/2022 | 28/10/2022 | 25/11/2022 |
| 28/04/2022 | Final | GBP | 0.0275 | 14/07/2022 | 15/07/2022 | 12/08/2022 |
| 13/10/2021 | Interim | GBP | 0.0075 | 21/10/2021 | 22/10/2021 | 26/11/2021 |
| Top Posts |
|---|
Posted at 28/10/2024 09:06 by woozle1 V easy to upfront. Let's say they sign an agreement where a company guarantees to pay SDG £2m a year for 3 years. You can opt to account for that as £6m revenue in the year it is signed and create a corresponding receivable in the cashflow statement. So suddenly metrics like Gross Profit, Operating Profit, and EPS (on which management is no doubt incentivized) go up. That's why one needs to keep an eye on the cashflow statement (THE WHOLE TIME!).In the meantime, senior NEDs and executives gorge themselves at the expense of shareholders. I do think there is a case for every board having a major shareholder on the board. |
Posted at 25/10/2024 15:22 by woozle1 I'm an investor in CFX and thought I'd go through the report and accounts as a read-across and see if SDG is interesting. A few observations:If you back out of the licensing business, it appears to be loss-making It would appear that they accelerate some of this licensing revenue (that makes me nervous) I'm surprised that they are loss-making on the luxury brands when you consider the cash generation at CFX Chair and NEDs paid an awful lot of money for such a small company There are too many accountants on the Board Managing defined benefit pension schemes On the plus side CEO has a good pedigree It has some excellent brands (which they could sell to CFX if it becomes unstuck) The bottom line is that if the licensing does not deliver the business is in trouble. |
Posted at 17/10/2024 12:12 by salver2 I still hold a little less than 2 percent of Colefax and about .5 percent of SDG -done very well in Colefax and now even to slightly down on Sdg having bought at various levels 37 pence to just over a pound (should have sold when they were over 2 pounds but that’s life!)but now regretting some of the Colefax I sold at 2.30!Somehow they need to move the dial somehow and get the capacities up in the factories-looking back they seem to have paid far too much for Clarke and Clarke -even with all these licences and celebrity tie ups they don’t seem to be moving the dial much-Lisa Montague seems a very clever and engaging lady I always thought she had a bigger plan for the group-the answer is and Disco Dave is correct in asking where is the growth or have they boxed themselves in with their manufacturing?? |
Posted at 17/10/2024 09:11 by disc0dave46 Sorry but completely disagree, it's a classless / open market. SDG just chose to target high end and it's not working. |
Posted at 17/10/2024 09:03 by barnesian Wallpaper used to be a very working class market, covering dodgy walls with cheap surface print design.Now it is a middle class market. Often just feature walls with good designs at high prices. But it is a fashion market competing with Farrow and Ball etc. That's why a good geographical spread is important as the cycles are different in different markets. The UK market is down and SDG have exited the top end Russian market but are doing well in the US albeit at small scale. |
Posted at 16/10/2024 17:11 by barnesian Yes I bought into this business as WGB four years ago at 57p and have followed it since. I used to work in the wallpaper business many years ago and I know the Chair of SDG - in fact she used to work for me. She is first class and one of the reasons I bought into this business.Because of the high revenue gearing and the fact that it is a fashion industry, it is a roller-coaster ride. We are in a dip at the moment and it's not a nice feeling. But I'm holding on for the next dizzy heights! |
Posted at 16/10/2024 15:55 by essentialinvestor dd, there must be cuts they can make, even when persisting with manufacturing.The cost base in core SDG is not supported by current profitability (ex licencing). Either they cuts costs, or increase profitability in the core business - if neither happens, then we can guess the rest. |
Posted at 16/10/2024 09:50 by martinmc123 1*Sanderson Design Group posted very soft Interims this morning. Revenue was £50.5m down 11% from H1 FY24: £56.7m, reflecting a challenging market in the UK, although there was some growth delivered in North America. Brand product sales were down 8% as a whole with UK performance the weakest at -14% yoy. Licensing performance was in line with Board expectations with revenue at £4.1m in reported currency against a strong comparator of H1 FY24: £6.9m. Profit performance was even worse. Adjusted underlying PBT was down -68% to £2.2m, with statutory profit even weaker and down 78% to £1.0m. Basic EPS was down 78% to 1.46p while the dividend was cut by a third to 0.5p... ...from WealthORacle wealthoracle.co.uk/d |
Posted at 12/9/2024 14:52 by skanjete2 Suppose the cooperation with Kravet continues succesfully, SDG would be an attractive take over target for Kravet. |
Posted at 19/6/2024 12:40 by rivaldo Bought just a few here on the dip for the first time to keep me interested here - SDG has been on my watchlist for years.Today's research note from Singer seems to clarify matters succinctly, with a £6m-£7m benefit to NPV (though there is still a triennial review currently underway at the remaining Walker Greenbank scheme): Extracts: "SDG has announced the transfer of liabilities in one of its two legacy DB pension schemes. This is the smaller of the two. While the triennial review is currently underway at the remaining scheme, annual deficit recovery payments will roughly halve vs. the £2.5m p.a. it pays in currently. The cash cost of the agreement is £2.3m and, after related admin/advisory costs totalling c£0.7m, this should deliver a benefit with a c£6-7m NPV." "SDG has announced an agreement with the Trustees of the Abaris Holdings Limited Pension Scheme which enables the group to transfer the scheme’s risks to an insurer. The Abaris Scheme is the smaller of two legacy defined benefit pension schemes, with 59 retirees and 60 deferred participants. The scheme was in deficit. In addition to receiving the Abaris Scheme’s existing investments, the agreed cash amount, SDG has paid the insurer £2.3m in cash to transfer the risks to the insurer under a buy-in insurance policy investment. Scheme administration and advisory costs, which are estimated to be c£0.7m in total, will also be paid by SDG over the life of the pension scheme. This is likely to be over a period of roughly 18-24 months. These ongoing admin costs will not impact adjusted PBT." |
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