Colefax profit drops on weak high-end property markets
28th Jan 2020 10:33
(Sharecast News) - Colefax's profit fell by a fifth in the first half as the luxury fabric and wallpaper company suffered from weak high-end housing markets in the US and UK.
Read moreColefax folds as fabric sales flat in first four months
17th Sep 2015 09:12
(ShareCast News) - Shares in Colefax dipped on Thursday despite the fabric company's announcement that overall trading was broadly in line with expectations, as its autumn selling season gets underway. In a short statement ahead of the annual shareholder meeting, chairman and chief executive David G
Read moreColefax rolls out solid sales rise for the half year
27th Jan 2014 07:46
- Interim sales boosted by strong Decorating Division - Expects trading to remain challenging for remainder of year - Announces proposed tender offer Mayfair-based fabrics and wallpapers firm Colefax said half year sales rose by 15 per cent but while it is optimistic about the recovery in the US,
Read moreWeak markets erode Colefax profits
29th Jan 2013 08:30
Upmarket furnishing, fabrics and wallpapers designer Colefax said persistently weak market conditions in its key markets hurt half year results but it remains cautiously optimistic about growth in the US. Pre-tax profit fell to £1.79m for the six months ended October 31 2012 from £1.98m the same ti
Read moreColefax says trading conditions remain difficult
11th Sep 2012 08:14
Upmarket furnishing, fabrics and wallpapers designer Colefax said trading since its July update has remained generally difficult but broadly in line with expectations. The group, whose brands include Colefax, Fowler and Jane Churchill, said as a result it is cautious about its key autumn selling pe
Read moreWednesday broker round-up - UPDATE
25th Jan 2012 09:00
Ashmore: Barclays upgrades to overweight from neutral. Glencore: UBS cuts target from 530p to 490p, buy rating unchanged. Vodafone: Nomura reiterates buy rating and 230p target. Britvic: Nomura keeps buy recommendation and 425p target; Collins Stewart gives sell rating and 290p target. WH Smit
Read moreLondon open: Stocks up ahead of economic data
25th Jan 2012 08:39
London's Footsie opened slightly higher on Wednesday morning with the mood boosted by last night's strong showing from US tech giant Apple. In UK news, a raft of economic data is due out this morning, including the minutes from the January meeting of the Bank of England's Monetary Policy Committee
Read moreFull year profit warning from Colefax
25th Jan 2012 07:41
Upmarket furnishing, fabrics and wallpapers designer Colefax warned this year's pre-tax profit will be significantly below current market expectations after a weak performance from its decorating division and a slower than expected recovery in its core US market. Chairman David Green said, "Since t
Read moreColefax still cautious
21st Jul 2011 07:54
Furnishing, fabrics and wallpapers designer Colefax said pre-tax for the year surged 49% after a robust performance from its decorating division but remains cautious about future trading. Pre-tax profits from continuing operations rose to £6.52m for the year ended 30 April 2011 from £4.39m in 2010.
Read moreColefax directors take advantage of price rise
10th Feb 2011 17:01
Four executive directors of furnishings supplier Colefax have sold shares following last months' positive interim figures. All four sold the shares at 292.5p each. The share price has risen 130% in the past year. Chairman and chief executive David Green sold 34,000 shares. That raised just over
Read moreUK boosts Colefax's profits
27th Jan 2011 16:36
A recovery in the UK fabrics market helped furnishings supplier Colefax substantially increase its profits in the six months to October 2010. The figures have prompted house broker Peel Hunt to raise its profit forecast for the year to April 2011 from £4m to £6.2m. However, it has kept its 2011-12
Read moreColefax has strong second half
22nd Jul 2010 16:38
Furnishing, fabrics and wallpapers designer Colefax had a better second half to the year as the benefits of cost cutting measures fed through. The company saw pre-tax profit jump by 51% to £4.39m in the six months to 30 April compared to the corresponding period of the previous year. Sales from co
Read moreColefax Group FY Pretax Profit GBP4.39M Vs GBP2.91M
22nd Jul 2010 07:36
LONDON (Dow Jones)--Colefax Group PLC (CFX.LN), a designer and distributor of luxury furnishing fabrics and wallpapers, Thursday reported full year pretax profit from continuing operations of GBP4.39 million, up from GBP2.91 million the previous year. MAIN FACTS: -Sales from continuing opera
Read moreUK recovery for Colefax
6th May 2010 16:03
Colefax Group says that trading conditions have been better than expected in the last few months of the financial year and operating profits will be much better than expected. The upmarket furnishings and wallpaper supplier says fourth quarter UK fabric sales are 13% ahead year-on-year. Decorating
Read moreColefax's profits dip not as bad as feared
26th Jan 2010 14:05
Interior decoration firm Colefax performed ahead of expectations in the first half of its financial year but remains cautious on the full year outlook. Profit before tax in the six months to 31 October fell to £1.14m from £2.48m the year before, on turnover that tumbled to £30.97m from £36.72m. Ch
Read more