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Findel - No loss of momentum on either side

June 2004

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.

In the light of latest results from Findel for the year to 31 March which came in almost £2m ahead of expectations, brokers have again lifted their forecasts. Pretax profit for the year was £41.2m for earnings of 33.4p. The performance was driven by continuing strong growth on the home shopping side and a recovery in educational supplies. A key driver was the continued strong performance from the home shopping division where turnover rose 22% to £209m and on a five year view has now grown by 184%. Operating profit last year grew by 36% (to £33.9m) and has risen by 220% over the same five year timeframe. Although marketing spend was increased, the key to growth in the last twelve months has come from ...

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Findel - Soon-to-be-prospective PE of just 7.9 (March 2015)

Findel (January 2014)

Findel - Highly geared for the long haul (September 2013)

Findel - Express Gifts momentum continues (July 2013)

Findel (April 2013)

Findel (February 2013)

Findel - Shares spike up on institutional buying (January 2013)

Findel (December 2012)

Findel -Prospective PE of 6.2 (November 2012)

Findel (May 2010)

Findel (February 2010)

Findel (October 2009)

Findel - PE of 7.7 versus sector average of 14 (September 2009)

Findel - Forecast upgraded following GLS acquisition (January 2005)

Findel - Subprime recurring revenues (July 2002)

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