Updates

Sanderson Design

December 2021

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.

Wallpaper group Sanderson delivered pleasing interims, in line with upwardly revised expectations. Adjusted pretax profit rose 22% to £6m thanks to strong sales growth and cost control. Alongside much improved consumer demand for home interiors, this growth reflects its brand elevation and digital pattern books to direct to consumer and increased geographic focus, says broker Singer. Tight inventory control and operations led to strong £4.6m cash generation, leaving net cash at £15.9m, giving headroom of £27.9m on its banking facilities.Brand sales rose 5.4% driven by Morris & Co (+51.9% versus FY’20) and Sanderson (+11.9%) while North American brand sales were robust at +11%. Further progress has ...

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Sanderson (August 2023)

Sanderson Design (June 2023)

Sanderson (May 2023)

Sanderson (December 2022)

Sanderson - Profits significantly ahead of expectation (March 2022)

Sanderson Design - Broker increases pretax forecasts 14% (September 2021)

Sanderson (July 2021)

Sanderson Design - £3m digital investment plus ground breaking digital pattern books to boost ROI (May 2021)

Sanderson Design - Wallcoverings manufacturer eyes boost from store re-openings (April 2021)

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.

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