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Supergroup

August 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SGP
  • Price:
  • 1035p
Despite a year of infrastructure investment (central costs +40% to £41.1m) Supergroup has managed to deliver record profits. For the year to end April, sales, pretax profit and eps grew by 19-20% to £431m, £62m and 58p respectively. Net cash has climbed to £86.2m. Retail sales grew 18% to £285.5m (+3.2% like-for-like) with operating profit up 19% to £54.8m helped by the addition of 97,000 sq ft  to take the total to 633,000 sq ft/139 stores. The keynote is that actual store count is less important than space added, as the stores being opened are vastly bigger than previously. European store space is 14% of the owned total and by FY17 is targeted to get to 40% of a (bigger) total. Speaking to  chief executive Suzanne Given, she say ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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