3 May 2016 07:04
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Conviviality Retail Share News (CVR)
CVR Share
Price
CVR Share
News
CVR Share
Chat
CVR Share
Trades
CVR
Live RNS
CVR Share
Charts
CVR Broker
Ratings
CVR Directors
Deals
CVR Financial
Diary
CVR
Fundamentals
CVR Short
Positions
CVR
Media
Conviviality Retail Information
- There is currently no data for CVR
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Conviviality Retail to launch Bargain Booze to Scotland amid flat UK sales
Wed, 12th Nov 2014 14:31
Conviviality Retail, the largest franchised off-licence chain in the UK, has reported flat sales for its first half as it announced plans to launch its Bargain Booze-branded shops in Scotland.Sales over the 26 weeks to 26 October totalled £183m, broadly in line with last year. However, revenue on a like-for-like store basis declined by 1.7%."We are confident that we have the strategy in place to deliver a positive second half and profitability will remain in line with our plan," the group said.The company said that its Wine Rack chain continues to trade in line with expectations and it has started to franchise these stores and other corporate-owned stores in line with its plans.The first trial large-format BB's Warehouse was opened in Wakefield and is trading in line with forecast; a second store will open later in the year.Meanwhile, Bargain Booze will be trialled in Scotland by June 2015 with Conviviality's franchisee, the Scottish Midland Co-operative Society Group (Scotmid)."We are very excited to be working with Scotmid to bring Bargain Booze to Scottish consumers," said chief executive Diana Hunter."If successful, this trial has the potential to open up a new long term growth opportunity," she said.Conviviality's shares were down 3.5% at 150p by 15:30 on Wednesday.
More News
4 Mar 2016 16:03
4 Feb 2016 16:28
2 Feb 2016 11:03
Tuesday newspaper share tips: BT Group still worth holding despite Openreach review
(ShareCast News) - With the possibility that regulator Ofcom may have to separate BT and Openreach, The Telegraph's Questor is advising investors to 'hold' in the meantime. It comes after the FTSE 100 company announced on Monday that third quarter revenues have risen 3%, leaving the company's year-t
Read more1 Feb 2016 10:35
Conviviality posts solid interims, sees extra benefits from acquisition
(ShareCast News) - Half-year results from off-licence group Conviviality showed solid underlying growth in the retail business and plenty of encouraging signs from recently acquired wholesaler Matthew Clark. Group sales of £252m in the 27 weeks to 1 November were a 38% improvement on the equivalent
Read more25 Jan 2016 16:03
7 Oct 2015 14:39
Conviviality Retail completes Matthew Clark deal
(ShareCast News) - Off licence and convenience stores owner Conviviality PLC confirmed it has completed the acquisition of Punch Tavern's 50% stake in drinks supplier Matthew Clark for a combined £200m. The London-listed company said the deal for Matthew Clark, a 50:50 joint venture between Punch Ta
Read more8 Sep 2015 09:19
Conviviality Retail jumps on Matthew Clark acquisition
(ShareCast News) - Shares in Conviviality Retail jumped over 20% early on Tuesday, after the off-licence and convenience store chain announced a deal to acquire drinks supplier Matthew Clark (Holdings) for £200m. Conviviality said it expects the deal to be concluded early next month, adding it will
Read more13 Jul 2015 10:44
Conviviality Retail serves final results as aperitif for Matthew Clark deal
(ShareCast News) - Conviviality Retail, owner of the Bargain Booze chain of off-licence shops, posted final results showing small rises in revenue and profits, though the company's shares remain suspended as it attempts to engineer a reverse takeover of the larger Matthew Clark wine wholesaling busi
Read more