Cake Box Holdings Plc (CBOX.L) Announced, in its operational update, that it had informed its franchisees that their stores should be closed with immediate effect following updated UK Government advice. Moreover, it been able to put in place new processes which would allow franchise stores to operate safely and in line with Government guidance. Meanwhile, following an initial trial, it currently has 79 franchise stores open, offering a limited menu of products, and anticipate having the full high street estate open by early June.#CBOX
RNS Number: 3674 M Cake Box Holdings PLC 11 May 2020 11 May 2020. Cake Box Holdings plc, the specialist retailer of fresh cream cakes, provides an update on the operations of the Group's franchise store estate.. Our priority throughout this crisis has been the health, safety and wellbeing of customers, staff and franchisees and the communities in which we operate. The...
#CBOX latest update from us detailing CBOX cash position, and strength of franchise model in the current environment.
Cake Box Holdings Plc #CBOX announced, in its trading update for the full year ended 31 March 2020, that in the period to 8 March 2020, trading continued to be strong across the Group, with like-for-like sales growth of approximately 5.1% in franchise stores. However, the Group saw a reduction in sales across its franchise stores as the COVID-19 crisis developed during the remainder of March 2020. The Group expects to report revenue for the year of around £18.7 million, up around 10% compared to the same period last year despite the disruption experienced in March 2020 from COVID-19. The Board expects adjusted profit before tax to be in the range of £4.1 - 4.3 million (FY19: £4.0 million). This figure excludes a £1.4 million uplift from the freehold revaluation of the Group's Enfield warehouse and head office which is expected to be included in the Group's statutory numbers. The Group has a strong pipeline of new franchise store openings, although there may be an impact on the timing of openings as a result of COVID-19, as there has been during March 2020. The Group will confirm the date for its full year results for the 12 months ended 31 March 2020 in due course.
Following updated UK Government advice on 23 March 2020, we decided to close all of our franchise stores as we looked to protect our staff, franchisees and customers and also to help relieve any further pressure on our NHS. £18.7 m, up c.10% compared to the same period last year despite the disruption experienced in March 2020 from COVID-19.
RNS Number: 5522 H Cake Box Holdings PLC 25 March 2020. A second and final Price Monitoring Extension has been activated in this security. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5506 H Cake Box Holdings PLC 25 March 2020. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Cake Box Holdings plc, the specialist retailer of fresh cream cakes, notes the statement issued by the UK Government in relation to COVID-19 yesterday evening. Cake Box has a strong balance sheet with a current cash balance of c £4 m.The Group's only debt is mortgage debt of £1.6 m secured by its freehold properties in Enfield and Coventry.
RNS Number: 9113 U Cake Box Holdings PLC 27 November 2019 27 November 2019. The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives details on a purchase of ordinary shares in the Company by Dr Jaswir Singh for his SIPP.. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider...
#CBOX initiated on today's results - strong, capital light, franchise model with undemanding multiples.
RNS Number: 5475 U Cake Box Holdings PLC 25 November 2019 25 November 2019. Cake Box Holdings plc, the specialist retailer of fresh cream cakes, announces that it was notified on 25 November 2019, that Mr Pardip Dass, Chief Financial Officer, on the same day purchased 150,000 ordinary shares of 1 pence each in the Company at a price of 150 pence per Ordinary Share.
**H1 FY19 figure is calculated after adjusting for AIM listing costs of £599 k but has not been adjusted to reflect that it only includes c.3 months of additional PLC costs post admission to AIM on 27 June 2018.. ·Group revenue up 6.0% to £8.8 m. ·Interim dividend up 33% to 1.60 p reflecting strong cash generation with cash from operations of £1.85 million.
RNS Number: 8991 G Cake Box Holdings PLC 26 July 2019 26 July 2019. Grant of Options under the Company's EMI Scheme. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 4482 G Cake Box Holdings PLC 23 July 2019 23 July 2019. Cake Box Holdings plc, the specialist retailer of fresh cream cakes, announces that at its Annual General Meeting held earlier today, all resolutions set out in the notice of AGM sent to shareholders were duly passed.. RNS is approved by the Financial Conduct Authority to act as a Primary Information...
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RNS Number: 8903 D Cake Box Holdings PLC 28 June 2019 28 June 2019. The AGM will be held at 11:30 a.m. on 23 July 2019 at the Company's head office 20-22 Jute Lane, Enfield, Middlesex EN3 7 PJ. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Cake Box Holdings Plc (CBOX.L) Announced, in its full year results for the twelve months ended 31 March 2019, that revenues rose to £16.9 million from £12.7 million posted in the preceding year. The company’s profit before tax stood at £3.8 million, compared to a profit of £3.3 million reported in the previous year. The basic and diluted earnings per share stood at 7.51p compared to earnings of 6.92p reported in the previous year. The company further stated that the board has proposed a final dividend of 2.4p per share, amounting to £0.9 million.
RNS Number: 9439 Y Cake Box Holdings PLC 14 May 2019 14 May 2019. Cake Box, the specialist retailer of fresh cream cakes, announces the following disclosures in relation to Martin Blair, Non-Executive Director of the Company, pursuant to Rule 17 and Schedule 2 of the AIM Rules for Companies. RNS is approved by the Financial Conduct Authority to act as a Primary...