Updates

Patisserie Holdings - Gain to date: 139%

July 2018

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.

Patisserie produced strong interim results, slightly ahead of expectations with revenues increasing 9% to £60.5m and pretax profit up 14.2% to £13.6m. Eps was up 13% to 8.9p.Revenues from the Patisserie Valerie brand rose 13% to £45.8m driven by nine new outlet openings (including two relocations) taking the total to 206 outlets and it’s on track to open 20 for the full year. Three of the new stores were in Debenhams, including Liverpool, Glasgow and Wigan, which are trading well. Impressively, average new store payback is still just 23 months.Online sales rose 65% to £2.6m while the supply agreement with Sainsburys is building well with counters in 31 stores in addition to 14 click and collect l ...

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Dunelm

Photo-Me - Disappointing update

Patisserie Holdings (December 2018)

Patisserie Holdings - Shares surge after results (January 2018)

Patisserie Holdings (July 2017)

Patisserie Holdings - In talks to buy Maison Blanc chain (January 2017)

Patisserie Holdings - On track for 20 new stores (July 2016)

Patisserie Holdings - 26 openings in just 14 months (February 2016)

Patisserie Holdings - Shares in cake shop chain hit new highs (December 2015)

Patisserie Holdings - New stores beating two year payback target (July 2015)

Patisserie Holdings - Excellent maiden results (February 2015)

Patisserie Holdings - Cafe and casual dining chain targets ambitious roll-out (July 2014)

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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