LONDON (Alliance News) - Colefax Group PLC Thursday said Chairman David Green transferred 400,000 shares to his wife at no cost Wednesday. Following this transaction, Green holds 3.6 million shares, which represents 32.4% stake in the firm. Shares in the textiles company were trading
Read moreThe FTSE small cap index and junior-listed AIM shares fall around 1.3 percent each by mid-session, broadly in line with the losses on the blue chips, while the midcaps shed 0.7 percent. Salamander Energy drops 2.7 percent after saying it expects the restart of production at its key Bualuang
Read moreLONDON (Alliance News) - Colefax Group PLC Monday reported a 72% increase pretax profit for the six months ended October 31, 2013, boosted by a 15% increase in sales driven by its decorating division. Signalling its confidence, the furnishing fabrics and wallpaper designer and distributor i
Read more- Interim sales boosted by strong Decorating Division - Expects trading to remain challenging for remainder of year - Announces proposed tender offer Mayfair-based fabrics and wallpapers firm Colefax said half year sales rose by 15 per cent but while it is optimistic about the recovery in the US,
Read moreUpmarket furnishing, fabrics and wallpapers designer Colefax said persistently weak market conditions in its key markets hurt half year results but it remains cautiously optimistic about growth in the US. Pre-tax profit fell to £1.79m for the six months ended October 31 2012 from £1.98m the same ti
Read moreUpmarket furnishing, fabrics and wallpapers designer Colefax said trading since its July update has remained generally difficult but broadly in line with expectations. The group, whose brands include Colefax, Fowler and Jane Churchill, said as a result it is cautious about its key autumn selling pe
Read moreAshmore: Barclays upgrades to overweight from neutral. Glencore: UBS cuts target from 530p to 490p, buy rating unchanged. Vodafone: Nomura reiterates buy rating and 230p target. Britvic: Nomura keeps buy recommendation and 425p target; Collins Stewart gives sell rating and 290p target. WH Smit
Read moreLondon's Footsie opened slightly higher on Wednesday morning with the mood boosted by last night's strong showing from US tech giant Apple. In UK news, a raft of economic data is due out this morning, including the minutes from the January meeting of the Bank of England's Monetary Policy Committee
Read moreUpmarket furnishing, fabrics and wallpapers designer Colefax warned this year's pre-tax profit will be significantly below current market expectations after a weak performance from its decorating division and a slower than expected recovery in its core US market. Chairman David Green said, "Since t
Read moreFurnishing, fabrics and wallpapers designer Colefax said pre-tax for the year surged 49% after a robust performance from its decorating division but remains cautious about future trading. Pre-tax profits from continuing operations rose to £6.52m for the year ended 30 April 2011 from £4.39m in 2010.
Read moreFour executive directors of furnishings supplier Colefax have sold shares following last months' positive interim figures. All four sold the shares at 292.5p each. The share price has risen 130% in the past year. Chairman and chief executive David Green sold 34,000 shares. That raised just over
Read moreA recovery in the UK fabrics market helped furnishings supplier Colefax substantially increase its profits in the six months to October 2010. The figures have prompted house broker Peel Hunt to raise its profit forecast for the year to April 2011 from £4m to £6.2m. However, it has kept its 2011-12
Read moreFurnishing, fabrics and wallpapers designer Colefax had a better second half to the year as the benefits of cost cutting measures fed through. The company saw pre-tax profit jump by 51% to £4.39m in the six months to 30 April compared to the corresponding period of the previous year. Sales from co
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