The UK’s leading multi-retailer, gift voucher and prepaid gift card business focused on the corporate and consumer markets.
28-Nov-2017 – 87p – £167m – PER 15
Interim Results For The 6 Months To End September 2017 – Don’t like the look of this much, Revenue up just 3.1% with LFL Loss Before Tax doubling from -£0.8m to -£1.6m.
Although this latest update is considered “in-line” this is coming off my Watchlist for now. Sure, it may well perform as promised in the 2nd half, but then again, it may not. Gift vouchers and prepaid gift cards doesn’t exactly inspire these days either.
12-Jun-2018 – 80.75p – £149.8m – PER 13.9
Preliminary Results For The 12 Months To End March 2018 – Mostly small increases all round here, seems in-line.
I am going to remain Neutral – These results for a gift vouchers and prepaid gift card company just don’t get me excited at all.