Stanley Gibbons confident of growth
10th Aug 2012 09:58
Collectibles dealer Stanley Gibbons reported rising interim profits and has forecast growth for the rest of the year 'irrespective of economic conditions' as it continues to lead the way in sourcing rare stamps. The firm, which has set thousands of youngsters on the path to a life-time of stamp col
Read moreFriday preview: Pru set for US boost
9th Aug 2012 18:08
Prudential completes a week of results from the big insurers, and broker Jefferies think US variable annuity (VA) hedge costs will be the focus of the interim results. "VA hedge costs have doubled over the last 12 months mainly due to lower interest rates. As recently as November, Jackson's [Jackso
Read moreLondon pre-open: FTSE to regain some of yesterday's losses
23rd Mar 2012 07:28
City sources predict the FTSE 100 will open up 14 points from yesterday's close of 5,846, ignoring falls across the board in the US as it makes up for yesterday's losses which came on the back of poor Chinese manafacturing data. Surging online sales at collectibles dealer Stanley Gibbons drove top
Read moreOnline evolution of Stanley Gibbons gathers pace
23rd Mar 2012 07:02
Surging online sales at collectibles dealer Stanley Gibbons drove top line growth in 2011 as the group continues its drive to become the eBay of the stamp-collecting world. Sales of £35.7m were up 35% on 2010's £26.4m and well ahead of expectations of £30.2m. Online sales accounted for £4.3m of tha
Read moreStanley Gibbons coining it
16th Jan 2012 09:20
Stamp and collectibles trader Stanley Gibbons collected lots of cash in 2011, leaving it well placed to fund future growth opportunities. The company is sitting on more than £5m of cash after a year in which it grew sales and profits. Performance for the year as a whole should be broadly in line wi
Read moreStanley Gibbons lifts profit, divi
5th Aug 2011 07:26
Burgeoning demand from far east markets helped stamp and collectibles trader Stanley Gibbons post a 12% increase in half year adjusted pre-tax profit. The group, which is opening a new Hong Kong office, also increased its interim dividend payment and said it is confident of continued demand for its
Read moreGalliford Try's Greg Fitzgerald builds stake
9th Jun 2011 16:16
Galliford Try's chief executive Greg Fitzgerald has added to his stake in the housebuilder and construction firm, splashing out more than £400,000. He took 83,675 shares at 487p a pop, and now has 748,285, nearly 1% of the company. Fitzgerald, 46, was head of Galliford's housebuilding division unt
Read moreStanley Gibbons announces 24% like-for-like increase in sales
27th Apr 2011 15:51
Stamp and collectibles trader Stanley Gibbons has today announced a 36% increase in turnover for its latest quarter, as when compared to that the year before. On a like-for-like basis, and excluding sales from the Benham Group, acquired in September last year, turnover was up 24%. According to the
Read moreStanley Gibbons predicts Royal Wedding boost
25th Mar 2011 07:46
Stamp and collectibles trader Stanley Gibbons grew underlying profit by 8% in 2010 and expects to make good money on Royal Wedding memorabilia this year. Adjusted profit before exceptional items increased to £4.5m and statutory profit before tax was up 5% to £4.3m from £4.1m in 2009. Sales rose 13%
Read moreTuesday tips round-up: Smiths, Alterian, BP...
18th Jan 2011 06:40
Philip Bowman's decision to turn down a £2.4 bn cash offer for the medical division of Smiths Group, where he is chief executive, is understandable for any number of reasons. The sale of medical services, which enjoys margins in excess of 20% and provides Smiths with about a third of its earnings,
Read moreLondon close: Shares close lower despite M&A buzz
17th Jan 2011 16:39
London's leading share index is back below the 6,000 point mark after a sluggish day which saw downbeat miners offsetting mergers and acquisitions excitement. Miners such as Kazakhmys and Fresnillo were out of favour amid lower metals prices after China increased reserve requirements for banks in a
Read moreLondon afternoon: Footsie dips
17th Jan 2011 14:40
Leading shares lost ground over the lunchtime session, taking the Footsie back below the 6,000 level, with financials and miners featuring prominently among the losers. Miners such as Kazakhmys and Fresnillo are out of favour amid lower metals prices after China increased reserve requirements for b
Read moreLondon midday: Shares still seeking direction
17th Jan 2011 12:11
The top share index remains little changed despite the M&A excitement. US markets are closed today, so shares will have to look elsewhere for inspiration if they are to burst into life. BP is in demand after the oil giant announced a controversial landmark deal with Rosneft, the Russian state oil c
Read moreLondon open: Deals keep blue chips ahead
17th Jan 2011 08:37
London has opened moderately firmer, with potential M&A deals outweighing a weak start for the miners. BP has opened higher after the oil giant announced a controversial landmark deal with Rosneft, the Russian state oil company. As well as confirming the tie-up with Rosneft, BP said it has been aw
Read moreStanley Gibbons sales to top forecasts
17th Jan 2011 07:43
Stanley Gibbons will beat revenue forecasts for 2010 and reveal profits in line with expectations, the stamp and collectibles trader said Monday. The company has also continued to grow operating profit despite spending big money on developing its websites, database asset management system and inter
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