Updates

Swallowfield

October 2017

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.

The shares had been walked down ahead of results and then bounced 60p the day of results. I met with CEO Chris How shortly after and as he points out, Swallowfield is firing on both divisions - Brands and Manufacturing.The acquisition of Brand Architekts, which completed on the first day of the year, has been transformational. Sales were up 36% to £74.3m, pretax profit was up 125% to £3.6m (excluding share based payments up 193% to £5.4m) and eps increased 40% to 17.3p on a slightly higher tax charge.Brands recorded an operating profit of £2.9m on sales of £17.9m. Overseas sales are now 24% of Brands and it is particularly strong in North America and Turkey. This gives it a natural hedge against ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Filta Group

Warpaint

Swallowfield - Sale of division leaves 150p cash per share (August 2019)

Swallowfield - Owned brand 65% of group profit (November 2018)

Swallowfield (August 2018)

Swallowfield - Forecasts upgraded (April 2018)

Swallowfield (August 2017)

Swallowfield - Son of PZ Cussons building personal care/cosmetics empire (June 2017)

Swallowfield - Own brand cosmetics business seeing strong growth (February 2017)

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