SCS Group (SCS)

Sector:

Retailers

Index:

FTSE Fledgling

 219.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 225.00
  • 52 Week Low: 118.00
  • Currency: UK Pounds
  • Shares Issued: 34.36m
  • Volume: 0
  • Market Cap: £75.25m
  • RiskGrade: 215

ScS FY pre-tax profits slip

By Iain Gilbert

Date: Tuesday 11 Oct 2022

LONDON (ShareCast) - (Sharecast News) - Furniture and floorings retailer ScS Group said on Tuesday that pre-tax profits had slipped year-on-year in the twelve months ended 30 July, partly driven by a modest contraction in operating margins.
ScS Group said pre-tax profits had dropped £6.3m year-on-year to £16.4m, while operating profits fell £6.6m to £20.2m. Gross profits ticked up 6.3% to £156.3m but a 0.72% contraction in gross margins to 45.3% somewhat offset this growth.

The London-listed firm also said earnings per share fell 14.2p to 36.2p, while on an underlying basis, earnings per share were down 5.1p year-on-year.

ScS, which recommended a final dividend of 9.0p per share, also highlighted that it had a "strong balance sheet", with cash of £70.8m - down from £87.7m a year earlier.

However, Scs stated that inflationary pressures and reduced consumer confidence continued to impact visitor numbers, meaning initial trading in the year had been "tougher" than it saw coming, with order intake for the first ten weeks of the new financial year down 7.8% on a like-for-like basis.

"We are mindful of the challenges of the current economic climate, but believe our flexible operating model, refreshed strategy and robust balance sheet places the group in an excellent position to deal with the headwinds our industry is facing. The tightening economy, coupled with the execution of the next phase of our strategy, will provide opportunities to take market share," said ScS.

As of 0920 BST, ScS shares were up 0.29% at 121.85p.





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.

 

SCS Group Market Data

Currency UK Pounds
Share Price 219.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 225.00
52 Week Low 118.00
Volume 0
Shares Issued 34.36m
Market Cap £75.25m
RiskGrade 215

SCS Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.03% above the market average95.03% above the market average95.03% above the market average95.03% above the market average95.03% above the market average
95.56% above the sector average95.56% above the sector average95.56% above the sector average95.56% above the sector average95.56% above the sector average
Price Trend
79.82% above the market average79.82% above the market average79.82% above the market average79.82% above the market average79.82% above the market average
86.96% above the sector average86.96% above the sector average86.96% above the sector average86.96% above the sector average86.96% above the sector average
Income
93.14% above the market average93.14% above the market average93.14% above the market average93.14% above the market average93.14% above the market average
92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average
Growth
42.65% below the market average42.65% below the market average42.65% below the market average42.65% below the market average42.65% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SCS Group Dividends

  Latest Previous
  Final Interim
Ex-Div 10-Nov-22 21-Apr-22
Paid 09-Dec-22 12-May-22
Amount 9.00p 4.50p

Trades for --2023

Time Volume / Share Price
0 @ 0.000p

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