Swallowfield has issued a positive update this morning alongside its AGM, stating trading in the first 4 months of the year is in line with expectations. Performance has been positive in both manufacturing and owned brands, notably Brand Architekts. Reflecting this mix of organic and acquired growth (seasonally biased towards H1) and FX benefits, we forecast 345% H1 PBT growth from 38% sales growth. The outlook statement reads positively and, notwithstanding uncertainties in the UK and overseas, ....
10 Nov 2016
N+1 Singer - Swallowfield - Positive start to the year underpins confidence in growth assumptions
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N+1 Singer - Swallowfield - Positive start to the year underpins confidence in growth assumptions
Brand Architekts Group plc (BAR:LON) | 28.5 0.6 8.0% | Mkt Cap: 7.96m
- Published:
10 Nov 2016 -
Author:
Matthew McEachran -
Pages:
3
Swallowfield has issued a positive update this morning alongside its AGM, stating trading in the first 4 months of the year is in line with expectations. Performance has been positive in both manufacturing and owned brands, notably Brand Architekts. Reflecting this mix of organic and acquired growth (seasonally biased towards H1) and FX benefits, we forecast 345% H1 PBT growth from 38% sales growth. The outlook statement reads positively and, notwithstanding uncertainties in the UK and overseas, ....