Interim Report 30[th] September 2019 to 29 December 2019
FRIDAY, 28th FEBRUARY 2020, 14:00 CET
OCTOBER to DECEMBER 2019
- Net sales amounted to £25.4 million
- EBITDA before special items amounted to £2,511k, up 16.9% on the same quarter last year
- Operating profit amounted to £937k
- Profit before tax amounted to £1,497k
- Cash and cash equivalents at the end of the period were £11,654k
Q1 revenues were 7.4% ahead of the same quarter last year despite the negative impact on consumer sentiment in the face of Brexit uncertainty. Continued rigorous cost control coupled with improved turnover led to a 16.9% increase in EBITDA.
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 February 28, at 14:00 CET.
For more information, please contact
Michael Galliford, Chief Financial Officer
Tel: +44(0)1276 802000
mike.galliford@sbholdco.co.uk
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.
www.SBHoldco.co.uk