SCS Group (SCS)

Sector:

Retailers

Index:

FTSE Fledgling

225.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 226.00
  • 52 Week Low: 118.00
  • Currency: UK Pounds
  • Shares Issued: 34.23m
  • Volume: 68,670
  • Market Cap: £77.01m
  • RiskGrade: 215

ScS trading in line ahead of key winter period

By Josh White

Date: Friday 25 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Furniture and flooring retailer ScS said in an update on Friday that it was trading "resiliently" through what was still a "challenging" period.
The London-listed company said like-for-like order intake had seen an improvement in recent weeks, with trading ahead of the prior year.

Total like-for-like order intake for the 16 weeks ended 19 November was down 9.1%, due to a reduction in orders in the first 10 weeks to 6 October, when the comparative period benefited from strong pent-up demand following the last national lockdown.

The group did, however, report a continued to gain market share over the period.

ScS said its balance sheet remained "strong", with closing cash at 19 November of £89.7m, and no debt.

"The board is encouraged by the group's recent performance and current trading is in line with its expectations for the full year," the directors said in their statement.

"The group is preparing for the important winter sales trading period and, as always, its success will be a key factor in the results for the full year.

"The business is planning to approach the winter sales period in a manner consistent with that which has proved successful in prior years."

ScS said it was "mindful" of the challenges of the current economic climate.

"Trading remains difficult to predict, but we believe our refreshed strategy, strong cost management and robust balance sheet places the group in an excellent financial and operational position."

At 0838 GMT, shares in ScS Group were up 2.57% at 143.6p.

Reporting by Josh White for 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 225.00p
Change Today 5.00p
% Change 2.27 %
52 Week High 226.00
52 Week Low 118.00
Volume 68,670
Shares Issued 34.23m
Market Cap £77.01m
RiskGrade 215

SCS Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.41% above the market average94.41% above the market average94.41% above the market average94.41% above the market average94.41% 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
77.67% above the market average77.67% above the market average77.67% above the market average77.67% above the market average77.67% 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
92.43% above the market average92.43% above the market average92.43% above the market average92.43% above the market average92.43% above the market average
84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average84.00% above the sector average
Growth
42.99% below the market average42.99% below the market average42.99% below the market average42.99% below the market average42.99% 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 03-Feb-2023

Time Volume / Share Price
16:44 29,000 @ 223.75p
16:29 312 @ 226.00p
16:15 3,000 @ 224.00p
16:15 1,331 @ 225.26p
16:10 40 @ 224.46p

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