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Swallowfield sees FY profits at top end of expectations

Mon, 11th Jul 2016 15:46

(ShareCast News) - AIM-listed Swallowfield said full year profitability would be towards the upper end of expectations with overall revenues for the full year expected to show growth of 10% to approximately £54.4m.The personal grooming and beauty products company said revenues had been bolstered by the "strong performance of innovative new products introduced during the last financial year and our developing 'owned brands' portfolio"."This has also enabled us to show strong year-on-year growth in contribution margin, as well as to invest in commercial and technical resources to sustain future growth," the company said in a trading statement."Our balance sheet continued to strengthen with improved control of working capital leading to a net debt position of £4.3m as at 25 June 2016, which is ahead of expectations, and compares favourably to the prior year at £5.4m. This figure is after absorbing growth related investments in capital equipment and inventory to support our owned brands."Chief executive Chris How said the company was confident that it could deal with any macroeconomic uncertainty that may arise as a result of the UK's decision to leave the European Union."The growth momentum in our core business along with our owned brands portfolio (now including the brands from Brand Architekts) has given us a more balanced and resilient business model going forward."
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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 -

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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

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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.

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25 Sep 2018 12:57

Tuesday broker round-up

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

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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

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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.

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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

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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

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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.

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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

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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

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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

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3 Nov 2016 16:05

UK Shareholder Meetings Calendar - Next 7 Days

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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

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25 Oct 2016 07:23

Swallowfield's Real Shaving Co Shave Gel Wins GQ Grooming Award

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