Cake Box Holdings (CBOX)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

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 168.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 189.50
  • 52 Week Low: 147.50
  • Currency: UK Pounds
  • Shares Issued: 40.00m
  • Volume: 18,656
  • Market Cap: £67.40m
  • RiskGrade: 23
  • Beta: 0.00

Cake Box's revenues sweetened by new store openings

By Duncan Ferris

Date: Monday 24 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Cake Box on Monday reported double-digit growth for annual revenues and profits after new franchise store openings in its first year as a listed company.
The cake retailer recorded profit before tax of £3.8m for the year ended 31 March, for an increase of 14% compared to the year before, as revenue jumped by 33% to reach £16.9m but still fell short of the £17.1m forecast earlier in 2019.

The year saw the addition of 27 new franchise stores, expanding the AIM traded company's network to 113 franchise stores, while average franchise store revenue increased by 18%.

A final dividend of 2.4p per share was proposed, bringing the total dividend per share up to 3.6p following a maiden interim payout of 1.2p.

Sukh Chamdal, chief executive of Cake Box, said: "In the year Cake Box celebrated its 10th birthday, I'm delighted to be announcing such a strong set of maiden full year results as a listed business. In just a decade, we have developed a unique proposition and a much-loved national brand which has significant potential for significant further expansion, as we look to introduce more customers to our fabulous fresh cream cake offering."

The company also said it was pleased with results since the start of the new financial year and added that it has opened four new stores, with two more expected to open before the end of first quarter as Cake Box continues to target an average of six new franchise stores per quarter.

Cake Box's shares were up 3.41% at 172.18p at 1046 BST.

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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.

 

CBOX Market Data

Currency UK Pounds
Share Price 168.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 189.50
52 Week Low 147.50
Volume 18,656
Shares Issued 40.00m
Market Cap £67.40m
Beta 0.00
RiskGrade 23

CBOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.35% below the market average81.35% below the market average81.35% below the market average81.35% below the market average81.35% below the market average
70.67% below the sector average70.67% below the sector average70.67% below the sector average70.67% below the sector average70.67% below the sector average
Price Trend
56.52% above the market average56.52% above the market average56.52% above the market average56.52% above the market average56.52% above the market average
48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average
Income
28.53% below the market average28.53% below the market average28.53% below the market average28.53% below the market average28.53% below the market average
16% below the sector average16% below the sector average16% below the sector average16% below the sector average16% below the sector average
Growth
24.10% above the market average24.10% above the market average24.10% above the market average24.10% above the market average24.10% above the market average
23.68% above the sector average23.68% above the sector average23.68% above the sector average23.68% above the sector average23.68% above the sector average

CBOX Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Jul-19 06-Dec-18
Paid 02-Aug-19 20-Dec-18
Amount 2.40p 1.20p

Trades for 19-Aug-2019

Time Volume / Share Price
13:50 1,537 @ 168.95p
13:46 6,973 @ 169.00p
13:31 1,185 @ 168.95p
08:37 2,000 @ 165.25p
08:31 1,520 @ 165.25p

CBOX Key Personnel

CEO Sukh Ram Chamda
CFO Pardip Kumar Dass
COO Jaswir Singh

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