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

Share Price Information for Cake Box Holdi. (CBOX)

London Stock Exchange
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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: 172.00
Low: 167.50
Prev. Close: 167.50
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Cake Box serves up tasty maiden interim results

Mon, 26th Nov 2018 11:06

(Sharecast News) - Specialist cakes retailer Cake Box issued a tasty set of maiden results on Monday, with profit, revenue and the dividend all higher.In the six months to 30 September, adjusted pre-tax profit rose 34% to £1.97m on revenue of £8.28m, up 44% on the previous year. Earnings before interest, taxes, depreciation and amortisation were up 34% to £2.18m and the company lifted its interim dividend by 17% to 1.20p a share.Franchisee total turnover was up 29% to £14.1m, while franchisee online sales were 86% higher at £1.99m and like-for-like sales grew 4.4% at franchise stores.The company, which completed its IPO on AIM back in June, said it achieved "impressive" growth despite the hot weather, which hit high street footfall and like-for-like sales growth at many of its stores during the summer months.Non-executive chairman Neil Sachdev said: "These results reflect the robust growth opportunity presented by our franchisee store roll-out strategy. I look forward to further progress in the remainder of our financial year. We celebrate 10 years of Cake Box with our staff and franchisees in 2019."Cake Box said its performance in the first eight weeks of the second half has been "encouraging" and it has already opened four new stores."The group is well placed for further progress and the Board remains confident of another successful year of growth," said chief executive Sukh Chamdal.Shore Capital analyst Darren Shirley said the results confirm "excellent progress", with the franchise estate growing strongly, leading to "outstanding" profit growth at all levels.Russ Mould, investment director at AJ Bell, said the results were "great" and should help boost sentiment towards the stock after it briefly and unfairly took a knock due to negative read-across from the Patisserie Valerie accounting scandal."The only similarity between Patisserie and Cake Box is that they both sell cakes. The problems affecting the former look to be company-specific rather than sector-wide."The latest financial results from Cake Box suggest the company's offering, selling eggless and fresh cream personalised celebration cakes which can be ordered and collected in an hour, is proving to be a winner with consumers."The next few weeks, encompassing Christmas and New Year, are likely to have a significant bearing on the full year results."At 1030 GMT, the shares were up 2.4% to 180.20p.
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26 Nov 2018 09:20

Cake Box Sales And Adjusted Earnings Rise In Maiden Interim Results

LONDON (Alliance News) - Cake Box Holdings PLC on Monday reported a rise in sales and adjusted pretax profit in its maiden interim results since listing in June, prompting a dividend Box operates

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19 Nov 2018 16:22

UK Earnings, Trading Statements Calendar - Next 7 Days

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15 Oct 2018 10:22

Cake Box sees FY profit ahead after strong first half

(Sharecast News) - Cake Box said on Monday that full-year profit is now likely to be ahead of current market expectations following a strong first half.

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15 Oct 2018 09:53

Cake Box Expects Annual Earnings To Top Market Expectations

LONDON (Alliance News) - Cake Box Holdings PLC on Monday said it traded strongly during its first half with average sales per store continuing to grow and a record number of new store in Cake Box

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17 Sep 2018 09:16

Shore Capital's Asset Management Division Boosts Interim Results

LONDON (Alliance News) - Shore Capital Group Ltd said on Monday that revenue rose in the first half of 2018 with profit edging higher as well, as the Asset Management division boosted for the half

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16 Nov 2010 16:19

Cashbox administrator sells assets

Deloitte has been appointed as administrator of Cashbox and it has already sold rival cash machines operator InfoCash Cashbox's business and assets. No figure was mentioned for the deal. The acquisition doubles Abingdon-based InfoCash's cash machine estate to more than 5,000 ATMs. It also adds cus

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14 Sep 2010 16:25

Cashbox signs hospitals deal with WH Smith

Cash machine operator Cashbox has signed a five year deal with UNS Hopsitals, the hospital shops subsidiary of newsagent chain WH Smith, to provide automated teller machines. The company also announced that it expects to report a loss before tax of less than £2.4m and negative earnings before inte

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29 Mar 2010 11:56

Small caps round-up: Artisan, Cashbox, Offshore Hydrocarbon...

Housebuilder Artisan has seen some improvement in its business in recent months, with losses in the half year to December down to £0.7m from £1.7m on sales of £4.2m against £5.1m. "Since the end of the period under review, the mortgage market appears to have eased a little with mortgage funds start

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3 Mar 2010 14:52

Threshers collapse hits Cashbox

Cash machine deployer Cashbox saw revenue ease in the second half of 2009 as the number of machines in its estate fell as a result of a major customer moving into administration. Revenue in the six months to 31 December 2009 eased to £3.37m from £3.43m in the latter half of 2008, though the number

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13 Jan 2010 16:32

London close: Commodity slide hits Footsie

Footsie ended the day firmly in the red with low commodity prices helping to offset positive broker coverage. With the oil price below $80, oil titans Royal Dutch Shell and BP found themselves on traders' sell lists. BG Group also slipped even after HSBC upped its price target for the stock from 13

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13 Jan 2010 14:57

London afternoon: Leading shares mixed

Leading shares are mixed having picked up a little over the lunch time session, helped by a firmer start on Wall Street. With the oil price below $80, oil titans Royal Dutch Shell and BP find themselves on traders' sell lists, but BG Group makes headway after HSBC upped its price target for the st

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13 Jan 2010 11:56

London midday: Ferrero pulls out of Cadbury chase

Oils and banks are dragging the Footsie down, with sentiment also soured by disappointing manufacturing output figures. While industrial production showed a 0.4% rise in November, better than the 0.3% rise economists had been predicting, manufacturing output remained unchanged from October's level

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13 Jan 2010 11:48

Cashbox extends pubs business

London brewer and pubs owner Fuller, Smith and Turner has turned to Cashbox to operate the 35 cashpoint machines in its existing estate, with the possibility of the brewer adding further automatic teller machines (ATMs) throughout its near 400-strong pub estate. Cash machine operator Cashbox said t

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15 Dec 2009 09:05

Small caps round-up: Plexus, Independent Media, Interbulk...

Oil and gas engineering services firm Plexus Holdings has won a three year contract with a further two year option clause with Maersk Oil to supply its High Pressure/ High Temperature POS-GRIP wellhead technology. The value of the initial contract is estimated at £3m with revenues commencing in May

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