Interim Report 1[st] July 2019 to 29[th] September 2019
FRIDAY, 29th NOVEMBER, 14:00 CET
JULY TO SEPTEMBER 2019
- Net sales amounted to £27.2 million
- EBITBA before special items amounted to £4,651k up 17.2% on the same quarter last year
- Operating profit amounted to £4,147k
- Profit before tax amounted to £3,513k
- Cash and cash equivalents at the end of the period and year were £13,036k
Q4 revenues were 7.7% ahead of the same quarter last year despite the negative impact on consumer sentiment in the face of ongoing Brexit uncertainty. Continued rigorous cost control coupled with improved turnover led to a 17.2% increase in EBITDA.
Full year revenues amounted to £105.6m an increase of 2.7% over the prior year. EBITDA for the year amounted to £12,973k an increase of 7.4% over the prior year.
This information is such information that SB Holdco Plc is required to publish pursuant to the EU Market Abuse Regulation (MAR). The information was provided by the contact person below for publication on November 29, at 14:00 CET.
For more information, please contact
Michael Galliford, Chief Financial Officer
Tel: +44(0)1276 802000
About SB Holdco Plc Group:
SB Holdco plc was established on 27th June 2018 and the Sharps Bilston Group was acquired on 13th July 2018. Sharps Bilston Limited is the direct parent company of Sharps Bedroom Limited, the UK's largest retailer of bespoke bedroom furniture. The principal activity of the Group is the marketing, design, manufacture and installation of quality, fully-fitted home improvement products such as bedrooms and home office.