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In Line & Boring Day Saved by Card Factory & Koovs
Rarely have so many companies had so little to say about themselves. Not a single boast this morning.
One of the few hints of excitement comes from Card Factory CARD which is increasing it’s final dividend by 33%, making a 25% increase for the year as a whole. Profit before tax rose by 96.2%, fifty net new stores were opened during the year and online revenue rose by 22.8%.
Cranswick CWK expects trading performance for the full year to be in line, despite growth in sales volume of 12% for the year to 31st March. Exports rose strongly in the final quarter with robust demand for pork products from the Far East. In quarter 4 it moved into a net funds position compared to borrowings of £18m at the end of quarter 3.
Park Group PKG anticipates results will be broadly in line for the year to 31st March. The first half’s good performance continued through the second half and pre Christmas trading was encouraging across all the company’s operations. Consumer sales rose by 7% but total billings for Corporate business are expected to have fallen by £2 m.
KOOVS KOOV does produce some real excitement with sales growth of 189% and ahead of target at £10m. volume growth was strong andalso ahead of target. The year to the end of March also saw a rise of 110% in website visitors which are now running at over one million per week.
No sweetener from Mr. Cube as Tate & Lyle TATE says nothing other than the year to 31st March was in line.
Shanks Group SKS boldly announces that its expectations for the year remain unchanged.
Blinkx BLNX main claim is that it has built out a highly salable hybrid cloud infrastructure. Bravo for that, whatever it is.
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