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Swallowfield trading in line, confident about FY prospects

Thu, 10th Nov 2016 11:17

(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 profitability in the first half on the back of recent sterling weakness. In the long term, it plans to self-hedge by broadly balancing dollar and euro sales to international customers with purchases in the same currencies.Swallowfield said the successful delivery of significant new product launches for major brand owners in its manufacturing business will contribute strongly to its performance, particularly in the first half.In addition, it pointed out that further contract wins have been achieved, with both UK and European customers, which will start to contribute from the beginning of its next financial year.Meanwhile, in the branded business, the group said it was pleased with the performance and contribution from Brand Architekts, which was acquired back in June. In particular, volumes of the Christmas gifting ranges are ahead of previous years and Swallowfield reckons these will make a strong contribution to its first half year.Non-executive chairman Brendan Hynes said: "While we remain conscious of the continuing macro uncertainty both in the UK and internationally, we expect to maintain our positive momentum and are confident in the prospects for the year."At 1123 GMT, the shares were up 7.6% to 258.35p.

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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

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

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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