Scholium Group (SCHO)

Sector:

Retailers

 36.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 39.50p
  • 52 Week Low: 35.00p
  • Currency: UK Pounds
  • Shares Issued: 13.60m
  • Volume: 0
  • Market Cap: £4.90m

Scholium H2 trading 'severely disrupted' by Covid-19 lockdown measures

By Iain Gilbert

Date: Tuesday 01 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Rare books dealer Scholium said on Tuesday that trading had been "severely disrupted" due to Covid-19 restrictions.
Scholium stated that the closure of its Mayfair retail premises for significant parts of the year and the complete cancellation of all domestic and international trade fairs normally attended by the group had resulted in the group registering a loss for the six months ended 31 March.

The AIM-listed firm stated the loss, before exceptional costs, was marginally lower than the loss for the first six months to 30 September 2020, which it stated was "a pleasing improvement".

Scholium also added that it had relocated premises in the second half of the year, incurring exceptional costs of approximately £125,000 but putting it on track to record "considerable annual cost savings" in future years.

"Despite moving successfully to achieving a greater proportion of sales taking place online through the website, the decline in footfall meant that the performance of Shapero Rare Books and Scholium Trading could not escape the adverse effects of Covid-19, with both businesses making a loss in the year. Mayfair Philatelics, also loss-making, made a successful switch to online auctions," said Scholium.

"Sales have continued on the internet, by telephone and by post. Whilst the retail premises re-opened on 12 April, footfall to date remains much lower than normal. The Directors do not anticipate a return to customary levels of trading until it is possible for visitors to travel to London in safety. Accordingly, the group is not expected to trade profitably in the first half of the year to 30 September 2021."

As of 0930 BST, Scholium shares had slumped 8.57% to 32.0p.

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Scholium Group Market Data

Currency UK Pounds
Share Price 36.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 39.50p
52 Week Low 35.00p
Volume 0
Shares Issued 13.60m
Market Cap £4.90m

Scholium Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.78% below the market average3.78% below the market average3.78% below the market average3.78% below the market average3.78% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Price Trend
33.37% below the market average33.37% below the market average33.37% below the market average33.37% below the market average33.37% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income Not Available
Growth
21.18% below the market average21.18% below the market average21.18% below the market average21.18% below the market average21.18% below the market average
Sector averageSector averageSector averageSector averageSector average

Scholium Group Dividends

  Latest Previous
  Interim Interim
Ex-Div 15-Jan-15 09-Jul-14
Paid 30-Jan-15 25-Jul-14
Amount 0.50p 1.00p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Scholium Group Key Personnel

Chair David William Romanis Harland
CEO Bernard Shapero
CFO Philip Tansey

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