Cake Box Holdi. Share News (CBOX)
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Wed, 06th Mar 2019 13:18
LONDON (Alliance News) - Cake Box Holdings PLC on Wednesday announced the purchase of two warehouse and distribution centres for GBP1.4 million.
The two sites are in Bradford and Coventry, and have been bought using existing cash.
They will help future growth, Cake Box said, as it targets new franchise store openings for its egg-free cakes. It had 111 franchised stores as of the end of February.
Shares were 1.0% higher on Wednesday at a price of 158.00 pence each.
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(Sharecast News) - Cake Box shares slumped on Thursday after the company's chief executive and his partner sold 3m shares in a placing.
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Read more(Sharecast News) - Specialist cake retailer Cake Box reported "strong growth" across all of its financial metrics in its half-year results on Monday, with revenue up 91.8% year-on-year at £16.47m, and EBITDA leaping 109.1% to £4.14m.
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Read more(Sharecast News) - Fresh cakes retailer Cake Box said on Monday that trading during the first half had been strong across its store estate and online delivery channels.
Read more(Sharecast News) - Cake Box revealed on Wednesday that chief financial officer Pardip Dass had disposed of 375,000 ordinary shares in the AIM-listed bakery chain.
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Read more(Sharecast News) - Bakery chain Cake Box said on Wednesday that full-year revenues and profits had risen thanks to a sharp increase in online sales.
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