Posts in LSE:CFX

Director Deals - Colefax Group PLC (CFX)

Rob Barker, Financial Director, sold 15,200 shares in the company on the 7th February 2018 at a price of 525.00p. The Director now holds 191,402 shares.

NOTE: Sold to utilise annual CGT exemptions

Director deals data provided by www.sharesmagazine.co.uk

Director Deals - Colefax Group PLC (CFX)

Wendy Nicholls, Executive Director, sold 10,000 shares in the company on the 7th February 2018 at a price of 525.00p. The Director now holds 87,350 shares.

NOTE: Sold to utilise annual CGT exemptions

Director deals data provided by www.sharesmagazine.co.uk

Colefax reports pre-tax profit growth as core US market improves

Colefax, an international designer and distributor of furnishing fabrics & wallpapers, announced pre-tax profit rose 35% to £2.56m for the six months ended 31 October 2017.

Group sales rose 6.5% to £42.08m (2016: £39.53m); up by 5.1% on a constant currency basis, while Group pre-tax profit rose 35% to £2.56m (2016: £1.90m).

The upbeat pre-tax growth was driven by 'improving trading conditions' in its core US market and an 'encouraging performance' in its decorating division.

Director Deals - Colefax Group PLC (CFX)

David Green, Chief Executive Officer, has transferred out 430,000 shares in the company on the 24th November 2017 at a price of 0.00p. The Director now holds 2,718,681 shares.

NOTE: Transferred to adult children

Director deals data provided by www.directorsholdings.com

Ovid's shares for the future

Ovid's shares for the future

Speculators focus on extremes, leaving good firms at reasonable prices in the middle - unloved and undervalued. Here's why Richard Beddard's stocks are 'safest in the middle course'.

Why Colefax will be sticking in this portfolio

Why Colefax will be sticking in this portfolio

If the pound doesn't surge, profits at Colefax should improve, believes analyst Richard Beddard. But why does he liken them to a pair of shorts?

Colefax in line with management expectations

Colefax has just entered its important autumn selling season and current trading is in line with management expectations, shareholders at today's annual general meeting will be told.

Chief executive David Green will say: "In the Group's core Fabric Division, sales in the US for the four months to 31 August are up by 4% on a constant currency basis.

"The US is our largest market accounting for approximately 60% of Fabric Division sales.

"In the UK, sales for the four months to 31 August are up by 3%.

Why this pioneering AIM stock is "a screaming add"

Why this pioneering AIM stock is "a screaming add"

Big news propels a number of shares into Richard Beddard's Decision Engine buy-zone, as others tumble down the rankings.

Colefax profits hit by hedging loss

Pre-tax profits at Colefax fell to £2.94m in the year to the end of April - down from £5.02m last time.

The international designer and distributor of furnishing fabrics and wallpapers and owner of a leading interior decorating business said its profits were hit mainly by a hedging loss of £2.0m following the decline in sterling.

Sales rose by 4.7% to £80.48m and the group said results were in line with market expectations and while underlying trading conditions in core US market were difficult, the second half showed an improvement over H1.

Highlights:

- Ear

Broker Forecast - Peel Hunt issues a broker note on Colefax Group PLC

Peel Hunt today upgrades its investment rating on Colefax Group PLC (LON:CFX) to buy (from hold) and raised its price target to 575p (from 450p).