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.Off-licence chain Conviviality Retail enjoys strong Christmas sales
Mon, 19th Jan 2015 14:18
Off-licence and convenience chain Conviviality Retail increased its profits by 46.7% during the first half of the year and reported a strong Christmas period despite a challenging market.Last year's loss before tax of £1.1m moved to profit of £2.7m this year. As a result, the company reported earnings per share of 3.2p, compared to last year's loss per share of 1.9p.However, revenues were down to £182.9m from £183.7m same time the year before.Cash and equivalents also decreased significantly from £11.85m to £4.25m.Conviviality Retail said its Christmas sales were higher 2.6% compared to last year. Like-for-like sales rose 1.2%, which was "pleasing [...] given the competitive nature of the market".Chief executive Diana Hunter said: ""I am pleased with our first half year results which are in line with our expectations in a highly competitive market."Despite closures of underperforming stores in the period and the integration of the Rhythm and Booze units, sales have been maintained and store numbers have started to grow as we open higher quality outlets."Shares were up 6.45% to 136.25p on Monday at 14:50.
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