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Cost controls boost Swallowfield profits

Wed, 07th Sep 2011 08:07

Swallowfield, the supplier of cosmetics, toiletries and household goods to various brands and retailers, pointed to tight cost controls as it posted a rise in profits for the year to 30 June.Pre-tax profits climbed to £1.33m from £1.18m on revenues that rose to £57.5m from £52.4m. The full-year dividend stays at 6.3p."Revenue has increased by 9.5% despite the continued strong economic headwinds and is now 28% higher than in 2008, the start of the financial crisis," chief executive Ian Mackinnon said. "We have driven this increase through product innovation, an attention to quality and customer service and by providing cost effective product solutions to our growing customer base. Tight control of total overhead costs together with this increased revenue has more than offset significant increases in the price of raw materials and components."Swallowfield manufactures aerosols and toiletries in Wellington, Somerset and colour cosmetics in Bideford, Devon. It fills, packages and assembles products across the toiletry and cosmetics range at Tabor in Czech Republic.Mackinnon said he expects the UK market to remain "adverse for another couple of years" and that the company is responding by looking to expand the business outside the UK, while taking advantage of the more favourable manufacturing climate in the UK.Revenues in the first 10 weeks of the new financial year have been in line with expectations.

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13 May 2019 12:16

Long-Serving Swallofield Non-Executive Berrebi To Retire In June

LONDON (Alliance News) - Consumer goods maker Swallofield PLC said Monday Non-Executive Director Franklin Berrebi will retire from the firm at the end of June.Following the resignation of -

5 Mar 2019 11:34

Swallowfield Shares Drop As Interim Profit Slips On Higher Costs

LONDON (Alliance News) - Shares in beauty products maker Swallowfield PLC fell sharply Tuesday after its interim profit sank on higher costs, despite revenue and the dividend both receiving a in a

5 Mar 2019 08:22

Swallowfield's wings clipped after higher costs send profits lower

(Sharecast News) - Swallowfield's shares swooped lower on Tuesday after a decrease in the personal care and beauty products outfit's profits due to higher raw material costs and commercial and administrative fees, along with retail pressures.

25 Sep 2018 12:57

Tuesday broker round-up

(Sharecast News) - Wetherspoons: Peel Hunt downgrades to hold with a target price of 1,325p.

25 Sep 2018 11:57

Swallowfield Hikes Payout As Annual Profit Jumps On Reduced Costs

LONDON (Alliance News) - Consumer personal care goods maker Swallowfield PLC hiked its dividend by a fifth on Tuesday after annual profit jumped on lower costs despite revenue remaining broadly to

25 Sep 2018 10:45

Own brands drive full-year growth at Swallowfield

(Sharecast News) - Personal care and beauty products company Swallowfield announced its final results for the 53 weeks ended 30 June on Tuesday, reporting adjusted profit before tax of £5.0m - a 37% improvement year-on-year.

30 Jul 2018 17:32

DIRECTOR DEALINGS SUMMARY: Swallowfield Non-Exec Director Buys Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Monday.----------Cosmetics company Swallowfield said Non-Executive Director Roger worth

30 Jul 2018 16:57

DIRECTOR DEALINGS: Swallowfield Non-Executive Director Buys Shares

LONDON (Alliance News) - Cosmetics company Swallowfield PLC said Non-Executive Director Roger McDowell purchased shares worth GBP120,912 in two transactions last week.On Wednesday, Roger at

30 Jul 2018 16:22

Director dealings: Swallowfield director ups stake

(Sharecast News) - Roger McDowell, a non-executive director of health and beauty products manufacturer Swallowfield, acquired 44,916 ordinary shares in the London-listed firm on Monday.

20 Jun 2018 11:39

DIRECTOR DEALINGS: Swallowfield CEO, Finance Head Buy Shares

LONDON (Alliance News) - Cosmetics manufacturer Swallowfield PLC said Chief Executive Officer Designate Tim Perman purchased 12,000 shares at a price of 324.0 pence per share on now holds 12,000 a

11 May 2018 08:38

Hargreaves Services Chairman To Step Down, Replacement Named

LONDON (Alliance News) - Hargreaves Services PLC said Friday that David Morgan has decided to step down as chairman and will be succeeded by Roger McDowell.Morgan, who has served as a since

10 Nov 2016 11:17

Swallowfield trading in line, confident about FY prospects

(ShareCast News) - AIM-listed Swallowfield, which develops and supplies personal care and beauty products, said trading in the first four months of the year has been in line with expectations as it expressed confidence in its prospects for the year. The group said it expects to see a small boost to

3 Nov 2016 16:05

UK Shareholder Meetings Calendar - Next 7 Days

25 Oct 2016 13:59

Swallowfield brand wins top male grooming award

(ShareCast News) - Personal care and beauty products developer and supplier Swallowfield announced on Tuesday that one of the products in its 'The Real Shaving Co' brand was the recipient of an award at the GQ Grooming Awards. The AIM-traded company's 'Sensitive Shave Gel' won the Best New Shaving G

25 Oct 2016 07:23

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