Swallowfield (SWL)

Sector:

Personal Goods

Index:

FTSE AIM All-Share

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279.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 412.50
  • 52 Week Low: 260.00
  • Currency: UK Pounds
  • Shares Issued: 17.14m
  • Volume: 1,696
  • Market Cap: £47.81m
  • RiskGrade: 151

Swallowfield buys £3m Fish men's grooming brand

By Iain Gilbert

Date: Tuesday 27 Feb 2018

LONDON (ShareCast) - (ShareCast News) - Personal care and beauty products developer Swallowfield has acquired men's grooming brand Fish for an upfront cash consideration of £2.7m.
Fish, a well-established, authentic, contemporary brand with a close connection with London style trends through its link to the brand's original salon in D'Arblay Street, and all related trademarks were acquired from Fish London Limited and stock, website domains, and other marketing collaterals were purchased from KMI Brands.

In addition to the £2.7m upfront payment, Swallowfield will pay a further £300,000 twelve-month performance-based earn out, financed via a new term loan.

For the year ended 31 December 2017, Fish generated net sales of £1.7m and achieved an EBITDA of £400,000.

Launched more than 15 years ago and currently sold in Boots, Superdrug, Tesco and Waitrose, Fish founder Paul Burfoot will continue to work with the brand as a consultant.

Chris How, Swallowfield's chief executive officer, said, "Following the acquisitions of Real Shaving Company in 2015 and The Brand Architekts in 2016 we have been delighted to have seen strong growth momentum in our owned brand portfolio. This segment of our business showed sales growth of 25% in the first half of our current financial year and in that same period contributed 31% of group sales. The addition of Fish to this vibrant portfolio will add further strength and growth potential."

As of 0840 GMT, shares had spiked up 4.19% to 336.00p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Swallowfield Market Data

Currency UK Pounds
Share Price 279.00p
Change Today 1.50p
% Change 0.54 %
52 Week High 412.50
52 Week Low 260.00
Volume 1,696
Shares Issued 17.14m
Market Cap £47.81m
RiskGrade 151

Swallowfield Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.76% above the market average5.76% above the market average5.76% above the market average5.76% above the market average5.76% above the market average
25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average25.00% above the sector average
Price Trend
28.46% below the market average28.46% below the market average28.46% below the market average28.46% below the market average28.46% below the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Income Not Available
Growth
79.34% above the market average79.34% above the market average79.34% above the market average79.34% above the market average79.34% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Swallowfield Dividends

  Latest Previous
  Final Interim
Ex-Div 15-Nov-18 03-May-18
Paid 07-Dec-18 26-May-18
Amount 4.20p 2.00p

Trades for 22-Oct-2018

Time Volume / Share Price
10:44 15,000 @ 280.00p
11:34 272 @ 273.75p
08:07 1,424 @ 280.00p

Swallowfield Key Personnel

CEO Tim Perman

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