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Pin to quick picksCake Box Holdi. Share News (CBOX)

Share Price Information for Cake Box Holdi. (CBOX)

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Share Price: 167.50
Bid: 165.00
Ask: 170.00
Change: 0.00 (0.00%)
Spread: 5.00 (3.03%)
Open: 167.50
High: 170.00
Low: 167.50
Prev. Close: 167.50
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Cake Box reports strong second-half trading

Tue, 19th Apr 2022 08:35

(Sharecast News) - Cake Box said annual profit would meet market expectations after a strong second half to the year for the dessert maker.

Revenue for the 10 months to the end of March, excluding store closures related to the Covid-19 crisis, rose by about 32% with franchisee sales up 12% like-for-like, Cake Box said. Business was boosted by online sales which rose 27% in 10 months and 41% during the year.

Cake Box said: "Trading during the second half has continued to be strong across the group's store estate and online delivery channels. Accordingly, the group expects to report revenues for the year as up c.50% year on year, with adjusted profit before tax in line with market expectations."

The company opened 11 franchise stores in the second half taking the total number of stores to 185 at the end of March. Existing franchisees want to open extra stores and the group had 53 holding deposits from new applicants. Cake Box also said it was continuing to expand its kiosk trial in Asda stores.

Net cash was £5.2m at the end of March, up from £3.6m a year earlier. Cake Box shares rose 11.9% to 215.4p at 08:46 BST.

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Cake Box hails "solid growth" as annual profit to beat expectations

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Cake Box sees FY profits 'slightly ahead' of market views

(Sharecast News) - Cake Box said on Monday that full-year profits were set to be "slightly ahead" of market expectations following strong growth across the business.

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Cake Box on track after first half of growth

(Sharecast News) - Fresh cream cake retailer Cake Box reported a 6.8% improvement in first-half revenue on Tuesday to £18m.

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30 Oct 2023 19:52

IN BRIEF: Cake Box names Non-Exec Director Blair as new chair

Cake Box Holdings PLC - Enfield, England-based chain of fresh cream cake shops - Martin Blair, currently non-executive director, named non-executive chair after "thorough recruitment process". To succeed Nilesh Sachdev in role on October 31.

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18 Oct 2023 11:35

IN BRIEF: Cake Box reports sales rise and easing cost inflation

Cake Box Holdings PLC - Enfield, England-based chain of fresh cream cake shops - Revenue in the six months that ended September 30, the company's financial first half, is up about 6% from a year before, when it was GBP16.8 million. Adjusted profit is expected to be ahead on year. In the first half of financial 2023, pretax profit was GBP2.0 million, and earnings before interest, tax, depreciation and amortisation was GBP2.8 million. Cake Box says trading in the first half of financial 2024 has been in line with board expectations, and cost pressures are starting to ease. "We remain mindful of the continued pressures on our customers in the current environment and have not increased pricing during the period, which has helped with customer retention whilst ensuring our proposition is attractive to new customers," the company says.

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18 Oct 2023 09:11

Cake Box trading as expected in first half

(Sharecast News) - Cake Box said on Wednesday that trading in the first half of the year was in line with its expectations, with revenues and profits set to jump.

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Cake Box LFL sales rise; non-exec chair to step down

(Sharecast News) - Cake Box reported a rise in like-for-like sales on Tuesday as it announced the departure of non-executive chairman Nilesh Sachdev.

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