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IN BRIEF: Barkby annual loss widens on rising costs, revenue drop

Wed, 31st Mar 2021 19:34

Barkby Group PLC - Abingdon, England-headquartered company with businesses in real estate, consumer & hospitality and life sciences - For the period ended July 2, 2020, pretax loss widens to GBP3.1 million from GBP683,000 the year ended March 2019, on rising administrative and financial costs, while revenue dips to GBP12.0 million from GBP12.3 million.

"2020 was a transformational year for Barkby following the combination of the Dickson controlled entities and Barkby Group. Barkby has weathered the Covid-19 pandemic, largely due to the success of our highly cash generative commercial property development business. As we come out of lockdown, we believe our pubs and coffee business are poised for significant growth and a return to profitability," says Executive Chair Charles Dickson.

Current stock price: 25.40 pence

Year-to-date change: up 15%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Barkby sleep tech subsidiary wins new audio partnership

Barkby Group PLC - Abingdon, England-based commercial property development and investment firm - Says subsidiary Cambridge Sleep Sciences has signed new partnership and license agreement with Bowers & Wilkins, part of the consumer audio division at US medical technology company Masimo Inc. Agreement allows CSS's SleepEngine technology to be delivered through Bowers & Wilkins Audio products such as its Zeppelin wireless speaker and Px8 wireless headphones. Masimo Consumer Audio will be responsible for marketing and distribution. License is expected to generate "substantial" revenue. Agreement is valid until December 31, 2025, and can be renewed for another three years by mutual consent.

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9 Jun 2023 11:16

Barkby streamlining estate to just six pubs

(Sharecast News) - Hospitality operator Barkby updated the market on the review of its pubs business on Friday, as it focussed on strategies to restore profitability within the upcoming financial year.

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9 Jun 2023 11:01

IN BRIEF: Barkby surrenders pub leases amid business review

Barkby Group PLC - Abingdon, England-based commercial property development and investment firm - Completes review of its pubs business and agrees to cash neutral early lease surrenders as part of the review for the Harcourt Arms and the Ebrington Arms pubs. Adds, it has received and accepted an offer for the offload of The Plough pub in Kelmscott, stating it is now in the conveyancing process. Says The Plough comprises six "high quality pubs" located in the Cotswolds, England.

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6 Jun 2023 12:17

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(Alliance News) - Stock prices in London were lower at midday on Tuesday, with the FTSE 100 hurt by share price falls for oil majors, while a less than stellar reading of the UK retail sector kept a lid on sentiment.

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6 Jun 2023 10:36

AIM WINNERS & LOSERS: Barkby soars on Cambridge Sleep Science contract

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6 Jun 2023 10:28

Barkby shares soar as subsidiary inks five-year deal with Sleep Sense

(Alliance News) -Barkby Group PLC on Tuesday said subsidiary Cambridge Sleep Sciences Ltd granted a five-year licence to Sleep Sense International Ltd for the manufacture of a 'smart pillow' using CSS's 'Sleep Engine' platform.

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Barkby hails strong demand for roadside sites as first asset completed

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Dec 2022 11:12

Barkby more than doubles existing debt facility as annual loss widens

(Alliance News) - Barkby Group PLC on Friday said its pretax loss widened in its recent financial year, and it agreed to refinance its existing GBP5.0 million debt facility.

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28 Nov 2022 12:54

Barkby says festive bookings strong, energy costs fixed through 2023

(Alliance News) - Barkby Group PLC on Monday said Christmas bookings are strong for its pub chain, while its property arm is moving along its projects.

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Barkby acquires 19th century Gloucestershire pub

(Sharecast News) - Real estate development company Barkby has acquired the leasehold of the Eliot Arms, a 19th-century village pub in South Cerney, Gloucestershire.

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