Caffyns (CFYN)

Sector:

Retailers

Index:

FTSE Fledgling

 525.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 602.50
  • 52 Week Low: 500.00
  • Currency: UK Pounds
  • Shares Issued: 2.70m
  • Volume: 0
  • Market Cap: £14.16m
  • RiskGrade: 174

Caffyns profits hit the bumper

By Abigail Townsend

Date: Thursday 31 May 2018

LONDON (ShareCast) - (Sharecast News) - Motor retailer Caffyns said it had a "very challenging year" for the entire British motor sector after it witnessed a crash in new car sales.
Underlying profits for the year to 31 March came in at £1.4m, down from £2.1m in 2017, while revenues from continuing operations edged ahead 0.5%, to £213.7m.

Like-for-like new car sales were down 9.2%, while used car sales were flat.

Caffyns said the sector was suffering from a declining new car market, with new car registrations down 11% across the UK. With diesel cars, which are increasingly being targeted for their poor environmental impact, new registrations were down 26%.

The company said it had seen a "strong performance" at the very end of the financial year because of the registration-plate change. Registration numbers change each March and September and are crucial times for car dealers as drivers traditionally rush to snap up new models and plates.

But chief executive Simon Caffyn struck a cautious note: "We entered the current financial year with a stronger forward-order book than in the previous year, which is a source of encouragement, although we remain cautious about the outlook for the current year and recognise our dependence on the key trading months of September and March. "

Bottom line pre-tax profits were £1.2m against £6.3m in 2017. Profits in 2017 were boosted by a one-off gain of £4.7m following the sale of the company's Land Rover business.

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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.

 

Caffyns Market Data

Currency UK Pounds
Share Price 525.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 602.50
52 Week Low 500.00
Volume 0
Shares Issued 2.70m
Market Cap £14.16m
RiskGrade 174

Caffyns Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
65.58% above the market average65.58% above the market average65.58% above the market average65.58% above the market average65.58% above the market average
52.17% above the sector average52.17% above the sector average52.17% above the sector average52.17% above the sector average52.17% above the sector average
Price Trend
43.84% above the market average43.84% above the market average43.84% above the market average43.84% above the market average43.84% above the market average
43.48% above the sector average43.48% above the sector average43.48% above the sector average43.48% above the sector average43.48% above the sector average
Income
61.99% above the market average61.99% above the market average61.99% above the market average61.99% above the market average61.99% above the market average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average
Growth
79.76% above the market average79.76% above the market average79.76% above the market average79.76% above the market average79.76% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average

Caffyns Dividends

  Latest Previous
  Interim Final
Ex-Div 08-Dec-22 07-Jul-22
Paid 09-Jan-23 09-Aug-22
Amount 7.50p 15.00p

Trades for --2023

Time Volume / Share Price
0 @ 0.000p

Caffyns Key Personnel

CEO Simon G M Caffyn
Chair Richard Wright

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