(Alliance News) - Blue-chips in London paused for breath on Monday midday, while mid-caps prospered, in the absence of fresh catalysts to provide direction. Read More
(Alliance News) - Cake Box Holdings PLC on Monday predicted annual profit slightly ahead of market expectations, despite a "continuing challenging economic climate" in the UK. Read More
(Alliance News) - London's FTSE 100 traded a touch lower in early dealings on Monday, in cautious trade as investors anxiously await Wednesday's US inflation report. Read More
(Alliance News) - The following is a round-up of earning and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Cake Box Holdings PLC - Enfield, England-based chain of fresh cream cake shops - Martin Blair, currently non-executive director, named non-executive chair after "thorough recruitment process". To succeed Nilesh Sachdev in role on October 31. Read More
Cake Box Holdings PLC - Enfield, England-based chain of fresh cream cake shops - Revenue in the six months that ended September 30, the company's financial first half, is up about 6% from a year before, when it was GBP16.8 million. Adjusted profit is expected to be ahead on year. In the first half of financial 2023, pretax profit was GBP2.0 million, and earnings before interest, tax, depreciation and amortisation was GBP2.8 million. Cake Box says trading in the first half of financial 2024 has been in line with board expectations, and cost pressures are starting to ease. "We remain mindful of the continued pressures on our customers in the current environment and have not increased pricing during the period, which has helped with customer retention whilst ensuring our proposition is attractive to new customers," the company says. Read More
(Alliance News) - Stocks in London were higher at the close on Tuesday as markets celebrated better-than-expected public sector borrowing figures in the UK, and hoped that Chancellor Jeremy Hunt may have enough firepower in government coffers to enact some pre-election tax cuts. Read More
(Alliance News) - Stocks in London were on the up heading into Tuesday afternoon, as a tech rally in the US lifted the mood in Europe, helping the FTSE 100 eat into some of its August loss. Read More
(Alliance News) - Cake Box Holdings PLC on Tuesday said sales momentum has increased in recent weeks, while input cost inflation has eased, and the retailer said its chair since listing will step down in the autumn. Read More
(Alliance News) - Cake Box Holdings PLC on Thursday confirmed it received a takeover approach from River Capital Pty Ltd in early June but rejected it. Read More
(Alliance News) - Stocks in London are set to edge lower at Thursday's open, after an outperformance following UK inflation data on Wednesday. Read More
(Alliance News) - Cake Box Holdings PLC said on Monday that it delivered a fall in profit but a rise in revenue in the year ended March 31, and offered an optimistic outlook for its current financial year, amid improving market conditions. Read More
(Alliance News) - Cake Box Holdings PLC on Wednesday said it expects full-year revenue growth of 5%, as a result of an improved performance in the second half of the year. Read More
Cake Box Holdings PLC - Enfield, England-based specialist cream cake retailer - Confirms Michael Botha will join company as chief financial officer on Tuesday next week. His appointment was previously announced in late October. He has worked in senior finance and commercial role for the last 20 years Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
Cake Box Holdings PLC - Enfield, England-based specialist cream cake retailer - Reports a sharp drop in interim profit as administrative expenses soar. In the six months that ended September 30, pretax profit falls to GBP2.0 million from GBP3.7 million a year before, as cost of sales remain stable at GPB8.8 million while administrative expenses leap to GBP5.9 million from GBP3.9 million year-on-year. Revenue, meanwhile, ticks up to GBP16.8 million from GBP16.5 million, representing growth of 2.1%. Company blames a "very strong" comparative period, "exceptionally" hot weather, higher levels of international travel, and the cost of living crisis for the only slight rise in revenue. Also cites cost pressures and increased business investment for the drop in profit. Looking ahead, Cake Box says it is on track to achieve its full-year expectations despite uncertainty in the economic climate. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News: Read More