Carpetright board agrees Meditor cash acquisition
15th Nov 2019 16:06
(Sharecast News) - Carpetright announced on Friday that both its board, and that of Meditor Holdings (MHL), have agreed the terms of a recommended cash offer to be made by MHL to acquire the entire issued and to-be-issued share capital of Carpetright not already owned by Meditor Fund.
Read moreCarpetright shareholder Meditor mulling 5p a share bid
31st Oct 2019 10:14
(Sharecast News) - Carpetright shares tanked on Thursday after the struggling floor covering retailer said it is in talks with biggest shareholder Meditor about a possible takeover offer at a heavy discount.
Read moreCarpetright shareholder Meditor buys its debts
27th Aug 2019 08:22
(Sharecast News) - Embattled floor coverings retailer Carpetright said on Tuesday that its largest shareholder, Meditor European Master Fund, will buy its £40.7m revolving credit facility (RCF) from lenders NatWest and AIB.
Read moreCarpetright narrows losses, turnaround on track
25th Jun 2019 08:45
(Sharecast News) - Floor coverings retailer Carpetright reported a narrowing of its full-year losses on Tuesday as it said its turnaround is on track.
Read moreCarpetright surges as Q4 sales trend improves 'significantly'
25th Apr 2019 09:54
(Sharecast News) - Shares in Carpetright surged on Thursday after the floorings retailer said the UK like-for-like sales trend improved "significantly" in the fourth quarter as its turnaround bears fruit.
Read moreCarpetright Q3 in line, CFO to retire
5th Feb 2019 10:06
(Sharecast News) - Flooring retailer Carpetright said on Tuesday that third-quarter trading was in line with expectations as it announced the departure of chief financial officer Neil Page after more than 10 years in the role.
Read moreCarpetright losses widen as revenue drops
11th Dec 2018 09:15
(Sharecast News) - Interim losses at beleaguered floor coverings retailer Carpetright widened as it restructured its store estate, but there were some bright spots in the results.
Read moreCarpetright sales hit by store closures but trend improving
1st Nov 2018 10:40
(Sharecast News) - Carpetright said on Thursday that sales at the floor coverings retailer have been hit by store closures amid its restructuring.
Read moreDirector dealings: Carpetright CEO ups stake in beleaguered outfit
9th Oct 2018 16:19
(Sharecast News) - Carpetright chief executive Wilf Walsh purchased 222,000 ordinary shares in the AIM-listed floorings expert on Tuesday.
Read moreCarpetright profit slumps on uneven demand, sterling depreciation
13th Dec 2016 07:56
(ShareCast News) - Carpetright posted a 42% slump in pre-tax profit for the 26 weeks ended 29 October as revenue fell amid uneven consumer demand and as the company took a hit from the weakening of the pound versus the euro. Pre-tax profit fell to £4.1m from £7.1m in the first half a year ago, on re
Read moreCarpetright sales fall but branding boost keeps profits on track
25th Oct 2016 08:12
(ShareCast News) - Carpetright defied expectations that it would warn on profits on Tuesday, instead admitting that while gross margins will be hit by the weak pound it remains confident of hitting full year profit targets. UK like-for-like sales were down 2.9% for the 25 weeks to 22 October, with g
Read moreFirmer profits but weaker revenue at Carpetright
28th Jun 2016 11:42
(ShareCast News) - Flooring retailer Carpetright reported an uplift in underlying profit, but a decrease in revenue as market conditions remained tough in its full-year results to 30 April on Tuesday. The London-listed firm said underlying profit before tax rose 33.1% to £17.3m, from £13m, which it
Read moreCarpetright reiterates full-year profit guidance
26th Apr 2016 09:16
(ShareCast News) - Carpetright reiterated its full-year profit guidance on Tuesday as it reported growth in like-for-like UK sales in a trading update for the 12 weeks ended 23 April. LFL sales were up 0.7% in the three months and 2.9% for the financial year to date. In local currency terms, LFL sa
Read moreCarpetright execs open wallets and back company
27th Jan 2016 15:54
(ShareCast News) - Two Carpetright executives have upped their stake in the company to show their confidence in the business following a mixed third quarter. Chief executive Wilf Walsh backed the company to the tune of £100,000, while group finance director Neil Page purchased £25,000 worth of share
Read moreCarpetright rolls lower after mixed third quarter
26th Jan 2016 08:58
(ShareCast News) - Carpetright shares fell to 12-month lows in early trade after management cut profit margin guidance and revealed sales slowed in recent weeks. Like-for-like sales in the 12 weeks to 23 January rose 2.4%, versus the exceptionally strong rise of 7.5% the year before, though festive
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