Brand Architekts Group (BAR)

Sector:

Personal Goods

Index:

FTSE AIM All-Share

 67.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 200.00p
  • 52 Week Low: 62.50p
  • Currency: UK Pounds
  • Shares Issued: 17.23m
  • Volume: 4,300
  • Market Cap: £11.63m
  • RiskGrade: 190

Brand Architekts profits fall as owned brands business struggles

By Duncan Ferris

Date: Monday 30 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Brand Architekts Group, formerly known as Swallowfield, on Monday reported a drop in annual profits as its owned brands business faced a difficult year against the backdrop of strong comparatives.
The personal care and beauty products maker booked a profit before tax of £4.1m for the year ended 30 June, down from £4.5m the year before, after pressure experienced by the margin accretive owned brands business was only partially offset by higher volume sales in the manufacturing business.

Even so, the AIM traded company announced a final dividend of 4.35p per share, meaning that its total dividend for the year came in at 6.5p, marking an improvement of 5% over the prior year.

Turnover climbed by 8% to £77.3m following a 13% increase in manufacturing revenue to £62m following the launch of three new contract wins.

However, owned brand revenues decreased by 7% to £19.7m with Brand Architekts saying the business was impacted by lower consumer confidence and the challenges faced by retailers in a restricted marketplace.

In an active post end of year period, the group disposed of its manufacturing business for £35m to KDC/One Inc as the company said it intended to refocus on growing and developing the higher margin owned brands business.

Brendan Hynes, executive chairman of Brand Architekts, said: "The business is now well capitalised and we will use some of the proceeds from the disposal to grow the business organically and through selective acquisitions that will deliver further profitability and scale. We are now well positioned to continue to build a more profitable and sustainable business, which will generate further shareholder value."

Brand Architekts Group shares were down 11.33% at 180.00p at 1311 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.

 

BAR Market Data

Currency UK Pounds
Share Price 67.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 200.00p
52 Week Low 62.50p
Volume 4,300
Shares Issued 17.23m
Market Cap £11.63m
RiskGrade 190

BAR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.52% above the market average62.52% above the market average62.52% above the market average62.52% above the market average62.52% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
88.33% below the market average88.33% below the market average88.33% below the market average88.33% below the market average88.33% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
73.64% below the market average73.64% below the market average73.64% below the market average73.64% below the market average73.64% below the market average
84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average

BAR Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 14-Nov-19
Paid n/a 06-Dec-19
Amount 0.000p 4.35p

Trades for 20-May-2022

Time Volume / Share Price
11:27 4,300 @ 69.75p

BAR Key Personnel

CEO Quentin Higham
CFO Tom Carter

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