Cake Box’s preliminary FY2020 results, released today, reconfirmed strong sales growth in FY2020 with scope for an expanded distribution footprint to deliver further sales revenue expansion in FY2021. While the Covid19 lockdown clearly disrupted franchisees’ in-store sales, Cake Box appears well placed to spring back both quickly and with a positive growth trajectory.
15 Jun 2020
Stores reopened and a positive outlook
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Stores reopened and a positive outlook
Cake Box Holdings Plc (CBOX:LON) | 168 -4.2 (-1.5%) | Mkt Cap: 67.0m
- Published:
15 Jun 2020 -
Author:
Chris Wickham -
Pages:
9
Cake Box’s preliminary FY2020 results, released today, reconfirmed strong sales growth in FY2020 with scope for an expanded distribution footprint to deliver further sales revenue expansion in FY2021. While the Covid19 lockdown clearly disrupted franchisees’ in-store sales, Cake Box appears well placed to spring back both quickly and with a positive growth trajectory.