focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I had a response from Cathy yesterday.
Expecting a corporate update on the damage done by the storm early Feb soon and detail of wells producing again.
Nothing to report as yet on finance and will update as and when . FCA required the statement re funds and believe panic caused the drop. Confident all will be sorted in due course
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Can you post it on Instagram / Twitter then, anonymising your email address.
How? Results were 1st march last year.
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They were 2nd March last year, but the Notice of Results RNS was published on 11th Feb. We haven't had the Notice of Results announcement yet... meaning the actual data is likely to be later.
10-Feb-23 10:04:56 873.00 28 Sell* 873.00 875.50 244.44 A
10-Feb-23 10:04:56 873.50 28 Sell* 873.50 875.50 244.58 A
10-Feb-23 10:04:49 875.00 18,401 Sell* 873.50 876.00 161.01k A
10-Feb-23 10:04:49 875.00 2,740 Sell* 875.00 877.00 23.98k A
Interestingly FT report that Watches of Switzerland have also blamed Royal Mail strikes for December performance, in the way THG did:
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Watches of Switzerland has reported lower than expected sales growth because of rail and postal strikes over Christmas and general worries about the economic environment.
The UK’s largest luxury watch retailer said revenue increased 17 per cent to £407mn in the 13 weeks to January 29 this year, narrowly missing analysts’ consensus expectations of £425mn.
“We did experience macro-market sentiment particularly in the UK as very negative. Over Christmas time it was probably at a low point”, said chief executive Brian Duffy. He added that festive trading was affected by Royal Mail strikes that reduced delivery capacity as well as transport strikes limiting footfall in London.
About one in six businesses told the Office for National Statistics that they were negatively affected by industrial action in December, with almost a third reporting reduced turnover on the previous month.
Watches of Switzerland maintained its guidance for full-year revenues of £1.5 to £1.55bn, but its share price was down 11 per cent by early afternoon trading on Thursday in London.