Less Ads, More Data, More Tools Register for FREE

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

Share Price Information for Cake Box Holdi. (CBOX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 162.50
Bid: 160.00
Ask: 165.00
Change: 0.00 (0.00%)
Spread: 5.00 (3.13%)
Open: 162.50
High: 162.50
Low: 162.50
Yest. Close: 162.50
CBOX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

Tue, 14th Apr 2020 13:24

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Tuesday and not separately reported by Alliance News:



Rambler Metals & Mining PLC - copper and gold - Implements remote working for office-based employees in UK and Canada, with all non-essential travel stopped. Operations at Ming Mine and Nugget Pond concentrator plant in Newfoundland, Canada, ongoing but protocols put in place to minimise disease spread.



Cake Box Holdings PLC - cake retail - Expects revenue for year ended March 31 up 10% year-on-year at GBP18.7 million, adjusted pretax profit between GBP4.1 million and GBP4.3 million, up from GBP4.0 million. Opened 20 new stores in year, ended period with 133 franchise stores. Withdraws final dividend.



Jarvis Securities PLC - stockbroker - Will pay interim dividend on or around June 11. Reports rise in trade volumes since December UK election result due to market volatility as a result of pandemic. Expects Bank of England base rate reduction to have "negligible effect on interest income".



MyCelx Technologies Corp - clean water technology - Remains operational across all sites despite deteriorating market following oil price decline. All employees except for those on hourly rate to take 15% pay cut. Withdraws guidance from early March, for revenue to be "no less than 2019".



dotDigital Group PLC - marketing automation - Expects revenue for June 30 to soften, but also expects to deliver consensus earnings. Messaging volumes and omnichannel usage from existing customers growing, but new business being affected by event cancellations and decision deferrals.



Fletcher King PLC - property management - Performance for year ending April 30 to not be "materially affected" by current crisis. First 11 months of the year in line with management expectations. To consider whether final dividend is appropriate once annual results are available.



Nakama Group PLC - recruitment consultancy - Trading for year ended March 31 to be marginally below management expectations. Final quarter affected by several challenges, including UK tax regulations surrounding the implementation IR35 that have been delayed. Outbreak to affect new financial year.



Checkit PLC - cloud-based software - Withdraws guidance for year ending January 31, 2021. Chair agrees to waive entire salary, board agrees to 36% pay cut, for initial two months from April 1. Lockdown causing disruption to business, expects to only be able to rely on committed recurring revenue.



SIMEC Atlantis Energy Ltd - energy project development - Reports minimal disruption to tidal business, Green Highland Renewables to continue operations with reduced team of engineers, Uskmouth Power Station conversion project work programmes expected to be delayed. Chair and Non-Executive Directors to take 20% cut in fees. CEO and Executive to take a 20% salary deferral.



IXICO PLC - neuroscience data analytics - Signs four-year contract worth GBP10.5 million for a late-phase open label study in Huntington's disease. Expects revenue growth for six months ended March 31 of 25% from GBP3.4 million the year before. Second half revenue to drop on project work deferrals and delays into next year.



Circle Property PLC - regional office property management - Property portfolio valued at GBP139.5 million as at March 31 from GBP124.6 million same date year before. Net asset value rises by 4.7% year-on-year to GBP2.90 per share. Delays full-year results publication to late September, defers final dividend payment for 2019 financial year.



Revolution Bars Group PLC - bar operator - Executive directors take 50% reduction in salaries, cuts down on capital expenditure , negotiates with suppliers on contract suspensions. Agrees revolving credit facility increase with NatWest to GBP30.0 million until end of August, then will be bought back to GBP24.0 million.



Iofina PLC - iodine production - Crystalline iodine production for first quarter of 2020 down to 129.7 metric tonnes from 134.4 tonnes the year before. Plants remain fully operational due to being deemed "essential" is USA. Progress on IofinaEX slows as cannabidiol market declines in demand and pricing.



BlueRock Diamonds PLC - diamond production - Notes South Africa President's extension to lock down until end of April. Will have no direct impact on company's strategy, as operations remain suspended.



Brand Architekts Group PLC - personal care and beauty products - Six of seven UK-based suppliers remain operational, all Chinese suppliers return to normal operations. Overall sales volumes reduced significantly, as stores close and online sales rise. Handcare products sales up significantly. Suspends interim dividend payment. Withdraws guidance for year ended June 30.



Valeura Energy Inc - Turkey-focused upstream natural gas - Continues operations, as production for first quarter of 2020 averages 706 barrels of oil equivalent per day up 9% year-on-year. Petroleum & natural gas sales revenue up 6% quarter-on-quarter at USD2.8 million. Still expects completing its two shallow wells in the West Thrace licence in second quarter.



Bagir Group Ltd - tailoring - Files application for temporary stay of proceedings to District Court in Beer-Sheva, Israel against firm. Applies for appointment of trustee to assess feasibility of maintaining group's business, assets, and best manner of realisation. Court set to rule on application by Monday next week.



Bluejay Mining PLC - metals mining - Implements cost saving programme, with 30% pay reduction for all staff until September, licence waivers received on exploration licence commitments from MLSA in Greenland, maiden drilling at Disko-Nuussuaq and Kangerluarsuk postponed.



Triple Point Social Housing REIT PLC - real estate investment trust - 98% of quarterly rent received, in line with year before. Three developments with gross development value of GBP7.2 million reaches practical completion since start of 2020, expects fourth development to be completed "imminently". Net debt as at March 31 was GBP130.7 million, loan facilities and cash on deposit totalling GBP43.8 million.



Moss Bros Group PLC - menswear retail - Defers publication of results ended January 25 to late July from late May.



Lamprell PLC - oil rig manufacturing - Consolidates operations in one yard, plans for low levels of critical-only capital expenditure at its facilities, with a total value below USD10 million in 2020. Withdraws guidance for 2020, but 2019 year end backlog stands at USD470.1 million with USD275 million set to run off in 2020.



New Trend Lifestyle Group PLC - Feng Shui products - Revenue for 2019 at SGD6.7 million, around GBP3.8 million, from SGD6.5 million the year before. For first quarter of 2020, revenue down to SGD1.8 million from SGD1.9 million. Operations closed as Singapore government implements lockdown, 2019 results due to be published by end of June.



Phoenix Global Resources PLC - Argentina-focused oil & gas - Argentine energy firm YPF Sociedad Anónima suspends purchase of oil until further notice. Phoenix closes production of oil from licences Puesto Rojas, Atamisqui and Tupungato. Third party licence production significantly reduced.



Safestay PLC - hostel operator - All hostels closed since April 1. Confirms new GBP5 million overdraft extension with HSBC, which will be added to cash reserves of GBP1.1 million as at April 8.



NMCN PLC- engineering and construction - Will not recommend final dividend payment for 2019 and withdraws guidance for 2020. Implements 20% reduction in board remuneration and 10% for senior management with effect from April 1. Water, Built Environment, Telecommunications and Highways segment to remain operational due to being designated "critical sectors".



Red Rock Resources PLC - natural resources - Notes Jupiter Mines announcement that Tshipi Borwa manganese mine to partially resume operations from Tuesday onwards, despite extended South Africa lockdown to end of April.



AorTech International PLC - biomedical polymer technology - Board agrees to 20% reduction in fees and salaries during lockdown, in order to "share the pain" with furloughed employees. Retains team for development of patches and grafts projects.



By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

Cake Box Sees Improving Sales Trend Since Reopening Stores

Cake Box Sees Improving Sales Trend Since Reopening Stores

15 Jun 20 10:00

Cake Box FY profit slightly below expectations

(Sharecast News) - Egg-free cake retailer Cake Box said on Monday that full-year profit came in slightly below expectations as the Covid-19 pandemic impacted trading in March but that current trends were improving.

15 Jun 20 07:54

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

8 Jun 20 16:06

UK TRADING UPDATE SUMMARY: Blencowe And BlueRock Recommence Operations

UK TRADING UPDATE SUMMARY: Blencowe And BlueRock Recommence Operations

11 May 20 12:03

Cake Box reopens 79 franchise stores

(Sharecast News) - Egg-free cake retailer Cake Box said on Monday that 79 of its franchise stores are now open and that it expects the full high street estate to be open by early June.

11 May 20 10:02

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

UK TRADING UPDATE SUMMARY: Companies Cut Pay To Mitigate Virus Impact

14 Apr 20 13:24

Cake Box Financially "Strong" As Covid-19 Forces Stores To Close

Cake Box Financially "Strong" As Covid-19 Forces Stores To Close

24 Mar 20 12:16

Liberum initiates coverage on Cake Box at 'buy'

(Sharecast News) - Analysts at Liberum initiated coverage on bakery chain Cake Box on Tuesday, hitting the group with a 250.0p target price and a 'buy' rating.

3 Mar 20 13:25

UK BROKER RATINGS SUMMARY: SocGen Cuts Barclays To Hold From Buy

UK BROKER RATINGS SUMMARY: SocGen Cuts Barclays To Hold From Buy

3 Mar 20 09:28

DIRECTOR DEALINGS: Cake Box CFO Buys GBP225,000 In Shares

DIRECTOR DEALINGS: Cake Box CFO Buys GBP225,000 In Shares

26 Nov 19 12:39

UK WINNERS & LOSERS SUMMARY: PetroTal Rises After Lifting Guidance

UK WINNERS & LOSERS SUMMARY: PetroTal Rises After Lifting Guidance

25 Nov 19 10:33

Cake Box profits rise amid store rollout

(Sharecast News) - Cake Box reported a jump in first-half profit and revenue on Monday as it rolled out new stores.

25 Nov 19 09:52

Cake Box Shareholders Have Their Cake As Interim Payout Raised 33%

Cake Box Shareholders Have Their Cake As Interim Payout Raised 33%

25 Nov 19 09:04

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

18 Nov 19 16:10

Cake Box first-half revenues rise, FY expectations backed

(Sharecast News) - Cake Box reported a rise in first-half revenues on Monday amid new store openings, as it backed its expectations for the year.

14 Oct 19 10:08

Login to your account

Don't have an account? Click here to register.