Cmo Group Share News (CMO)

CMO launches garden design product online store Landscaping Superstore

(Alliance News) - CMO Group PLC on Thursday said it expanded its offering with the launch of Landscaping Superstore, providing do-it-yourself and professional trade customers with access to 6,000 garden design and maintenance products.

IN BRIEF: CMO Group promotes Tasker to CCO as COO Packer steps down

CMO Group PLC - Plymouth, England-based online retailer of building materials - Chief Operating Officer Sue Packer steps down from board, effective immediately, and will retire at the end of March after five years at CMO and forty years in the industry. Company also announces promotion of Commercial Director Callum Tasker to chief commercial officer, replacing Packer on its board with immediate effect. Tasker joined CMO as sales & logistics manager in 2010, before promotion to operations director in 2015 and to commercial director in 2019. He previously worked at Sheffield-based construction products supplier SIG PLC for five years.

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

AIM WINNERS & LOSERS: CMO battles construction sector headwinds

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

CMO shares topples as consumer spending slump hits 2023 sales forecast

(Alliance News) - CMO Group PLC on Monday saw shares sink after "ongoing economic challenges" to the construction sector hampered its yearly results.

CMO Group warns on FY profits amid 'economic challenges'

(Sharecast News) - Online building materials retailer CMO Group warned on Monday that full-year underlying earnings were expected to be "below previous guidance".

EARNINGS: CMO "not immune" to tough market; Malvern in profit swing

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

IN BRIEF: CMO expects revenue to fall in "challenging" half year

CMO Group PLC - Plymouth, based online building materials retailer - Says it expects revenue in the six months ended June 30 to be around GBP36.9 million, down 12% from GBP41.9 million the year before. The company says that the economic situation "remains challenging" and consumer confidence is low. CMO says net cash at the end of the first half was GBP1.0 million, down 63% from GBP2.7 million at the same time a year prior. Earnings before interest, tax, depreciation and amortization is expected to be around GBP2.5 million in the half, in line with expectations, and up 92% from GBP1.3 million the year before. Sales expected to fall to an estimated GBP80.0 million.

CMO Group swings to annual profit as revenue jumps

(Alliance News) - CMO Group PLC on Friday reported a swing to profit for 2022 and said trading in the the first quarter of 2023 remains in line with guidance.

CMO Group confident after full-year revenue growth

(Sharecast News) - Building materials retailer CMO Group reported a 9% increase in revenue in its preliminary results on Friday, to £83.1m, despite a challenging year for retail.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: CMO confident of progress as eyes full year revenue to rise

CMO Group PLC - online building materials retailer based in Plymouth, England - Expects to report total sales growth of 8.9% to GBP83.1 million for 2022 from GBP76.3 million a year ago. Says like-for-like sales has continued to grow, with a year-on-year improvement of 2% "despite widely reported industry headwinds, which was 32% above pre-pandemic levels". Expects adjusted earnings before interest, tax, depreciation and amortisation, however, to be GBP2.1 million, down 43% from GBP3.7 million a year ago. Cash stands at GBP6.2 million at period-end.

TRADING UPDATES: CMO to suffer bottom-line hit; Good Energy buys

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on this week and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days