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Landround

January 2003

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:
  • LDR
Another seeing upgrades is Landround. For the year to 30 September, Landround reported a pretax profit of £862,000 up from the depressed £159,000 reported last year. Earnings were 10.9p (2001: 2.6p). Althoughsales reduced slightly to £7.1m, the gains in profitability came from a37% increase in gross profits from £2.27m to £3.11m, driven by a changein sales mix. There was a rebound in Voucher sales and successful Buy & Fly!  growth, both of which enjoy high margins.    Like-for-liketraditional voucher sales rose from £1.41m to £1.84m whilst highermargin Buy & Fly! sales lifted from £1.20m to £1.60m and isexpected to become the biggest contributor before long. Furtherevidence of recovery i ...

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Related Articles

Landround - Up, up and away! (January 2004)
Landround - Sees fat years begin (April 2003)
Landround - Continued improvement in trading (February 2002)

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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