Brown (N.) Group (BWNG)

Sector:

Retailers

Index:

FTSE AIM All-Share

22.80p
   
  • Change Today:
    -0.90p
  • 52 Week High: 57.65
  • 52 Week Low: 21.98
  • Currency: UK Pounds
  • Shares Issued: 460.48m
  • Volume: 747,738
  • Market Cap: £104.99m
  • RiskGrade: 350

N Brown FY earnings rise despite revenue dip

By Iain Gilbert

Date: Wednesday 18 May 2022

LONDON (ShareCast) - (Sharecast News) - Online retailer N Brown said on Wednesday that full-year adjusted pre-tax profits had grown in the twelve months ended 26 February despite reporting a dip in annual revenues.
N Brown reported adjusted pre-tax profits of £43.1m, up 46.6% year-on-year as revenues grew 10% across its JD Williams, Simply Be, and Jacamo brands.

The London-listed group said adjusted underlying earnings increased by £10.1m to £95.0m and its adjusted EBITDA margin increased by 1.7 points to 13.3%.

N Brown posted the profit and earnings growth even as revenues declined 1.8% to £715.7m pounds due to a 0.6% fall in total product revenues and a 4% drop in financial services revenue.

Total active customers grew for the first time in four years, up 4% to 2.9m

N Brown added that its trading environment had become more challenging since the start of the 2023 trading year, with inflation weighing on consumer confidence and bringing about slightly softer volume and revenue growth than previously forecast.

However, N Brown said it remains confident that its strategy will support the delivery of 7% product revenue growth over the medium-term with a 13% EBITDA margin.

As of 1010 BST, N Brown shares were up 11.83% at 29.52p.



Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BWNG Market Data

Currency UK Pounds
Share Price 22.80p
Change Today -0.90p
% Change -3.80 %
52 Week High 57.65
52 Week Low 21.98
Volume 747,738
Shares Issued 460.48m
Market Cap £104.99m
RiskGrade 350

BWNG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.72% above the market average97.72% above the market average97.72% above the market average97.72% above the market average97.72% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
82.33% below the market average82.33% below the market average82.33% below the market average82.33% below the market average82.33% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Income
51.78% below the market average51.78% below the market average51.78% below the market average51.78% below the market average51.78% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Growth
73.77% below the market average73.77% below the market average73.77% below the market average73.77% below the market average73.77% below the market average
96% below the sector average96% below the sector average96% below the sector average96% below the sector average96% below the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 3
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BWNG Dividends

  Latest Previous
  Interim Final
Ex-Div 02-Jan-20 04-Jul-19
Paid 05-Feb-20 02-Aug-19
Amount 2.83p 4.27p

Trades for 01-Jul-2022

Time Volume / Share Price
16:27 94 @ 23.45p
16:25 43,109 @ 21.98p
16:25 4 @ 22.30p
16:25 20 @ 22.30p
15:51 903 @ 22.45p

BWNG Key Personnel

CEO Steve Johnson
CFO Rachel Izzard

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