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Stanley Gibbons predicts Royal Wedding boost

Fri, 25th Mar 2011 07:46

Stamp and collectibles trader Stanley Gibbons grew underlying profit by 8% in 2010 and expects to make good money on Royal Wedding memorabilia this year.Adjusted profit before exceptional items increased to £4.5m and statutory profit before tax was up 5% to £4.3m from £4.1m in 2009. Sales rose 13% to £26.4m.The marriage of Prince William and Kate Middleton in April is expected to cause a rush for first day covers and other commemorative collectible products.Next year's London Olympics should generate similar interest, the company hopes.It beefed up its stock levels from £9.3m to £14.8m in 2010, mostly exceptional and rare collectibles and top quality rare stamps."Such assets generally appreciate in value over time, although remain prudently stated in our balance sheet at historic cost, not market value," it said.There's a final dividend of 3.25p a share, up 8% on last year.LW
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15 Jul 2016 07:02

Stanley Gibbons CEO And CFO Step Down As It Relocates To UK

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17 Jun 2016 15:03

UK Earnings, Trading Statements Calendar - Next 7 Days

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24 May 2016 07:49

Stanley Gibbons Sells Four Leases In London Under Cost-Saving Plan

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17 May 2016 08:21

Stanley Gibbons Appoints Harry Wilson As Chairman-Elect

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23 Mar 2016 16:12

AGM, EGM Calendar - Week Ahead

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14 Mar 2016 09:49

Stanley Gibbons To Raise GBP13.0 Million In Share Placing (ALLISS)

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11 Mar 2016 10:23

Stanley Gibbons "Very Close" To Securing GBP13 Million Equity Funding (ALLISS)

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4 Mar 2016 15:15

Stanley Gibbons Says Fundraising Receiving "Encouraging" Interest (ALLISS)

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23 Feb 2016 14:23

Stanley Gibbons gets stamped after profit warning

(ShareCast News) - Philately has been getting Stanley Gibbons nowhere lately, with the stamp and coin collecting group issuing a profit warning and announcing an emergency fundraising. For the current year to end-March, the AIM-listed company said it expected to make a £1-£2m loss before tax, due to

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23 Feb 2016 10:38

WINNERS & LOSERS SUMMARY: Big Payouts Lift IHG, Persimmon, Provident

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23 Feb 2016 08:22

Stanley Gibbons Issues Profit Warning As It Seeks More Funding (ALLISS)

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15 Jan 2016 10:20

Friday newspaper share tips: AB Foods a long-term plan

(ShareCast News) - Future growth in Primark as well as good prospects for sugar saw The Times' Tempus rate Associated British Foods shares at 'buy long term' on Friday. In a trading update for the 16 weeks to 2 January, the company said group revenue fell 2% from the same period last year, but was u

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13 Jan 2016 11:51

Stanley Gibbons says it's considering fundraising options

(ShareCast News) - Stanley Gibbons noted the slump in its shares on Wednesday and said it was considering a number of fundraising alternatives to boost its working capital position prior to the year ended 31 March 2016. The stamp dealer and collectibles auctioneer said that while an equity fundraisi

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13 Jan 2016 11:18

Stanley Gibbons Considering Fundraising Options As Share Price Drops (ALLISS)

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9 Dec 2015 12:14

F&C Global Smaller Companies Outperforms Benchmark In Half Year

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