Cake Box Holdi. Share News (CBOX)

IN BRIEF: Cake Box interim profit drops amid rising cost pressures

Cake Box Holdings PLC - Enfield, England-based specialist cream cake retailer - Reports a sharp drop in interim profit as administrative expenses soar. In the six months that ended September 30, pretax profit falls to GBP2.0 million from GBP3.7 million a year before, as cost of sales remain stable at GPB8.8 million while administrative expenses leap to GBP5.9 million from GBP3.9 million year-on-year. Revenue, meanwhile, ticks up to GBP16.8 million from GBP16.5 million, representing growth of 2.1%. Company blames a "very strong" comparative period, "exceptionally" hot weather, higher levels of international travel, and the cost of living crisis for the only slight rise in revenue. Also cites cost pressures and increased business investment for the drop in profit. Looking ahead, Cake Box says it is on track to achieve its full-year expectations despite uncertainty in the economic climate.

Cake Box on track for full year despite drop in H1 profits

(Sharecast News) - Specialist cream cakes retailer Cake Box said on Monday that it was on track to meet expectations for the full year even as it posted a drop in first-half profit amid cost increases.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Trackwise Designs wins deal; Cake Box names CFO

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Cake Box taps franchise veteran Michael Botha for CFO role

(Sharecast News) - Fresh cream cake specialist Cake Box announced the appointment of Michael Botha as its new chief financial officer on Friday.

DIRECTOR DEALINGS: Eco Atlantic shares sold in fraud against chair

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

Director dealings: Cake Box CEO makes £0.2m share purchase

(Sharecast News) - Cake Box was trading in the green on Wednesday afternoon, after it disclosed a purchase worth over £0.2m made by its chief executive officer.

UK shareholder meetings calendar - next 7 days

DIRECTOR DEALINGS: Cake Box CEO invests GBP275,000 after share dive

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

LONDON MARKET MIDDAY: UK manufacturing PMI adds to recession gloom

(Alliance News) - An autumn chill descended on stocks in London on Thursday, as weak manufacturing data out of Europe did nothing to calm concerns that central banks will hike interest rates all the way into a recession.

Director dealings: Cake Box chief makes the most of Wednesday tumble

(Sharecast News) - The chief executive officer of Cake Box made the most of a plunge in its share price, it was revealed on Thursday, picking up 225,000 shares.

LONDON MARKET CLOSE: Oil price drop drags FTSE on hit to energy stocks

(Alliance News) - Energy firms were struggling in London on Wednesday as oil prices came under pressure, sending the FTSE 100 lower.

LONDON MARKET MIDDAY: Mood turns risk-off after hot eurozone inflation

(Alliance News) - European stock markets turned decisively lower on Wednesday after inflation in the eurozone accelerated by more-than-expected, raising expectations for further aggressive interest rate hikes by central banks.

Cake Box shares slump as annual profit expected to be below forecasts

(Alliance News) - Cake Box Holdings PLC on Wednesday warned that annual profit will be "significantly" below market forecasts as it struggles to pass on higher costs.

AIM WINNERS & LOSERS: Cake Box shares dive 40% after profit warning

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.