Cake Box Holdings (CBOX)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

167.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 185.00
  • 52 Week Low: 120.00
  • Currency: UK Pounds
  • Shares Issued: 40.00m
  • Volume: 945
  • Market Cap: £66.80m
  • RiskGrade: 23

Cake Box trading as expected in first half

By Michele Maatouk

Date: Wednesday 18 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Cake Box said on Wednesday that trading in the first half of the year was in line with its expectations, with revenues and profits set to jump.
In an update for the six months to 30 September, the egg-free cake retailer said revenues are expected to have risen around 6% year-on-year, with adjusted profits ahead of the prior year.

The performance reflects continued "strong" like-for-like franchise store sales growth and further new store openings, the company said.

Franchisee store like-for-like sales rose 6.2% for the half year, a significant improvement on the 1.6% fall reported in the same period a year earlier.

Cake Box said the cost of raw materials has remained stable since the second half of the prior year and franchisees have seen some relief from inflationary pressures, with an easing in utility and fuel prices.

Chief executive Sukh Chamdal said: "We are pleased with our first half performance, delivering a recovery in sales and margins as raw material and input prices have stabilised. Our brand continues to grow and we have made further strides with our marketing initiatives, with the successful launch of our new website in June 2023 already boosting our online sales channel.

"We enter the second half of the year with good momentum and remain confident in our growth prospects following the investment in our operations and our enlarged and enhanced operational team."

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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.

 

CBOX Market Data

Currency UK Pounds
Share Price 167.00p
Change Today 2.00p
% Change 1.21 %
52 Week High 185.00
52 Week Low 120.00
Volume 945
Shares Issued 40.00m
Market Cap £66.80m
RiskGrade 23

CBOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.74% below the market average5.74% below the market average5.74% below the market average5.74% below the market average5.74% below the market average
4% below the sector average4% below the sector average4% below the sector average4% below the sector average4% below the sector average
Price Trend
47.74% above the market average47.74% above the market average47.74% above the market average47.74% above the market average47.74% above the market average
32.14% above the sector average32.14% above the sector average32.14% above the sector average32.14% above the sector average32.14% above the sector average
Income
42.28% above the market average42.28% above the market average42.28% above the market average42.28% above the market average42.28% above the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Growth
20.91% below the market average20.91% below the market average20.91% below the market average20.91% below the market average20.91% below the market average
84.91% below the sector average84.91% below the sector average84.91% below the sector average84.91% below the sector average84.91% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBOX Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 27-Jul-23
Paid 15-Dec-23 29-Aug-23
Amount 2.90p 5.50p

Trades for 23-Apr-2024

Time Volume / Share Price
08:06 595 @ 167.00p
08:02 298 @ 167.40p
08:00 52 @ 170.00p
08:00 52 @ 170.00p

CBOX Key Personnel

CEO Sukh Ram Chamda

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