image

Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

Latest issue now available

SIGN UP NOW
Secondary Recommendation

Merrydown - Schoer sales growing at 30% clip

September 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.

  • Epic Code:
  • MYW
 Soft drinks and cider group, Merrydown, has hit a purple patch in its fortunes to an extent that it can virtually do no wrong. The combination of strong sales growth and the benefits of a far reaching efficiency drive have had a remarkable impact on Merrydown's financial performance in the past two financial years ending 31 March, with its pretax profit more than  doubling  from £0.8m to £1.7m, while earnings have grown a staggering 157% from 2.1p to 5.4p.      Many people still associate Merrydown with its cider brand of the same name, but this has shrunk in importance in recent years.  Instead, Merrydown's biggest brand is Schloer (70% group sales), a grape-base ...

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

Subscribe now

Already a subscriber? Login

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

LIMTED TIME OFFER

SUBSCRIBE TODAY AND SAVE £30 USING OFFER CODE 30OFFTMI

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

SUBSCRIBE NOW