Sunday newspaper round-up: Power prices, Broadband bills, Brexit protocol

11th Dec 2022 20:35

(Sharecast News) - Power prices hit a record high due to a combination of a cold snap and a dearth of wind. Power prices in the UK for a day ahead hit a record £675 per megawatt hour on the Epex Spot Exchange on Sunday as the country was blanketed with snow and temperatures fell below zero. At the peak hours between five and six o'clock power costs surged to £2,586 per megawatt hour. Furthermore, National Grid forecast that power demand would peak at nearly 46,700 megawatts on Monday, versus 43,000 MW on Sunday. Energy supply from wind meanwhile fell to about 5% of the country's demands on Sunday, against an average of 28.5% over 2022. - The Sunday Telegraph

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Superdry in talks with Bantry Bay over new £70m facility

28th Nov 2022 07:38

(Sharecast News) - Fashion retailer Superdry confirmed on Monday that it is in talks with London-based fund Bantry Bay - which is backed by Elliott Advisors - to replace its existing up to £70m asset-backed lending facility.

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Superdry back in the black but FY23 profits set to fall

7th Oct 2022 07:34

(Sharecast News) - Fashion brand Superdry said on Friday that it swung to a full-year profit as revenues rose, thanks in part to an increase in full price sales, but warned that profit for FY23 was set to fall amid cost inflation.

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Former M&S finance boss to chair National Express

8th Sep 2022 08:05

(Sharecast News) - National Express Group has named Helen Weir as its new chair, the transport group confirmed on Thursday.

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Director dealings: Superdry CEO splashes out over £1.1m on shares

30th May 2022 16:31

(Sharecast News) - Faux-Japanese fashion brand Superdry was at the top of the list of director buys on Monday, after its chief executive officer spent more than £1.1m on shares.

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Superdry store sales jump as customers head back to shops

12th May 2022 10:02

(Sharecast News) - Superdry reported a jump in full-year store revenue on Thursday as it recovers from the impact of Covid restrictions, but said footfall remains "significantly" below pre-Covid levels.

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Director dealings: Enteq CEO spends £21k on quiet day for deals

14th Apr 2022 15:08

(Sharecast News) - Enteq Technologies was at the top of a short list of buys on Thursday afternoon, after its chief executive officer invested almost £21k.

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Superdry upbeat despite growing inflationary pressures

20th Jan 2022 13:03

(Sharecast News) - Superdry insisted its turnaround remained on track on Thursday despite rising inflationary pressures, as it returned to the the black.

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RBC Capital Markets ups Superdry to 'outperform'

2nd Dec 2021 10:34

(Sharecast News) - RBC Capital Markets upgraded Superdry to 'outperform' from 'sector perform' on Thursday, lifting the price target to 425p from 390p as it highlighted an undemanding valuation.

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Superdry teams up with Versarien to make graphene-enhanced garments

16th Nov 2021 13:15

(Sharecast News) - Engineering materials group Versarien has announced a commercial collaboration agreement with DKH Retail Limited, the worldwide wholesale distribution subsidiary of fashion brand Superdry, to produce graphene-enhanced clothes.

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Superdry 'encouraged' by trading despite supply chain issues

4th Nov 2021 10:31

(Sharecast News) - Superdry reported "encouraging" trading on Thursday, but warned that its wholesale arm was being affected by global supply chain delays.

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Director dealings: Superdry chairman ups stake

26th Oct 2021 21:32

(Sharecast News) - Superdry revealed on Tuesday that chairman Peter Sjölander had acquired 150,000 ordinary shares in the FTSE 250-listed clothing retailer.

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Berenberg raises target price on Superdry

28th Sep 2021 10:38

(Sharecast News) - Analysts at Berenberg raised their target price on clothing retailer Superdry from 235.0p to 280.0p on Tuesday but stated a "leap of faith" was required as the group's risk/reward balance was weighted very evenly.

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Superdry 'turning a corner', shares jump

16th Sep 2021 11:31

(Sharecast News) - Superdry insisted it was "turning a corner" on Thursday, sending its shares higher, after annual losses narrowed despite a fall in revenues.

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Superdry FY revenues slump despite Q4 growth

6th May 2021 08:31

(Sharecast News) - Clothing brand Superdry said on Thursday that fourth-quarter revenues had slightly increased despite substantial disruptions caused by the Covid-19 pandemic.

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