A scoop of results from Four FTSE Stocks – SDRY, VRS, PURP and DC

A scoop of results from Four FTSE Stocks – SDRY, VRS, PURP and DC

Superdry Plc

Superdry Plc (LON: SDRY) is a Cheltenham, United Kingdom based clothing Brand that designs, manufactures and sells clothing, accessories as well as other merchandise under the guise of Superdry brand across the world through their own retail stores. The company is typically viewed as a luxury apparel company. The company’s products are known for its quality fabrics, exclusive detailing, authentic vintage washes, hand-drawn graphics and custom fits for unique styling. The company has its operations in 46 countries and is operating 515 Superdry stores.  It owns 139 stores within the UK and 168 stores outside the UK. The company also has franchised and licensed 208 stores and sell to more than 100 countries globally via Superdry.com.

SDRY Financial Performance

On 12th December 2019, the company issued a press release for the purpose of the announcement of its interim results for the 26 weeks ended on 26th October 2019. In terms of the underlying results, the total group revenue displayed an 11 per cent year on year decline going from £414.6 million for the 26 weeks ended 27th October 2018 to £369.1 million for the 26 weeks ended 26th October 2019. The gross margin for the period was reported at 56.3 per cent, a slight decline compared to the gross margin in H1 FY 2019 at 56.4 per cent. The underlying profit before tax Pre-IFRS was down significantly by 98.4 per cent year on year from £12.9 million in H1 FY 2019 to just £0.2 million in H1 FY 2020. The Underlying Basic earnings per share Pre-IFRS was down massively by 98.3 per cent year on year to GBX 0.2 per share in H1 FY 2020 from GBX 11.90 per share in H1 FY 2019. As on 26th October 2019, the company reported a position of net debt of £9.3 million as opposed to net cash of £19.2 million as on 27th October 2018. This poor performance was also reflecting on the proposition of interim dividend for the period by the board which plunged by around 78.5 per cent year on year from GBX 9.3 per share in H1 FY 2019 to GBX 2.0 per share in H1 FY 2020. In terms of the Statutory Results post IFRS 16, IFRS Adjustment to loss Before Tax was reported to be at £2.5 million for H1 FY 2020. The Statutory basic earnings per share was a loss of GBX 7.9 per share in the reported period.

SDRY Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 12-December-19, before the close of the market

As on 12th December 2019, at 12:40 P.M Greenwich Mean Time, at the time of writing this, Superdry Plc’s price of the Share was reported to have been trading at GBX 481.60 per Share on the London Share Exchange, a decline in the value of 3.68 per cent or GBX 18.40 per Share, as opposed to the last day’s closing share price, which was reported to have been at GBX 500.00 per Share.

The beta of the stock is 1.4371. It means that share price movement of the company, is more volatile, in comparison with the movement of the comparative market index.

Versarien Plc

Versarien Plc (LON: VRS) is a Cheltenham, United Kingdom based chemicals company, whose major operations include offering engineering solutions. The company’s primary tasks are the usage of proprietary materials innovation for the purpose of the development of solutions and applications that can have revolutionary impact in a wide range of industrial and commercial spaces. The company operates in Hard Wear and Metallic Products as well as Graphene and Plastics segments.

VRS Financial Performance

On 12th December 2019, the company published a press release for the purpose of announcement of its interim results for the six months period ended on 30th September 2019. The company’s significant highlighting point in terms of the financial results was the year on year decline in revenues from £5.22 million in H1 FY 2019 to £4.38 million in H1 FY 2020. The adjusted loss before Interest taxes Depreciation and amortization (LBITDA) for the period was reported to be at £0.90 million, a year on year increase as opposed to the adjusted LBITDA reported by the company in H1 FY 2019 at £0.36 million. The loss before tax was also reported to have increased year on year from £0.79 million in the first half of the previous year to £2.12 million in the first half of the reporting period compared to a loss of £0.79 million in the year-ago. The cash balance as on 30th September 2019 was reported to be at £2.64 million, as opposed to the cash balance reported as on 30th September 2018 at £6.07 million. The net assets balance as on 30th September 2019 was reported by the company at £11.87 million.

VRS Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 12-December-19, before the close of the market

As on 12th December 2019, at 12:50 P.M Greenwich Mean Time, at the time of writing this, Versarien Plc’s price of the Share was reported to have been trading at GBX 80.22 per Share on the London Share Exchange, a decline in the value of 3.35 per cent or GBX 2.78 per Share, as opposed to the last day’s closing share price, which was reported to have been at GBX 83.00 per Share.

The beta of the stock is -0.0506. It means that share price movement of the company, is less volatile and inverse in nature, in comparison with the movement of the comparative market index.

Purplebricks Group Plc

Purplebricks Group Plc (LON: PURP) is a Solihull, United Kingdom based company that is trying its hand in online real estate brokerage. While the idea of real estate brokerage may be ages old, building an online market for this business is relatively new. The company, which was founded in 2014, aims to bring about disruptive changes to the real estate agency business by bringing in information technology to deliver greater efficiency and transparency. The launch of its operations in the United Kingdom in 2014 to much fanfare, received a warm welcome from the general public who were quite generous to the company, as it saw its revenues reach £136.5 million during the five-year period to 2019.

PURP Financial Performance

On 12th December 2019, the company announced its interim results for the six months ended on 31st October 2019. The company reported a 1.9 per cent year on year increase in the revenue from £63.6 million in H1 FY 2019 to £64.8 million in H1 FY 2020. The gross profit was reported a slight decline of 0.3 per cent year on year from £39.5 million in H1 FY 2019 to £39.4 million in H1 FY 2020. The gross profit margin for the period stood at 60.8 per cent as against 62.1 per cent reported during the same time in the previous year. Albeit, the company reported an operating loss for the period at £1.2 million as opposed to an operating profit reported in H1 FY 2019 at £4.8 million. The Adjusted operating profit for the period was reported at a significant decline of 74.2 per cent year on year from £6.2 million in H1 FY 2019 to £1.6 million in H1 FY 2020.

PURP Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 12-December-19, before the close of the market

As on 12th December 2019, at 12:55 P.M Greenwich Mean Time, at the time of writing this, Purplebricks Group Plc’s price of the Share was reported to have been trading at GBX 102.9798 per Share on the London Share Exchange, a decline in the value of 0.60 per cent or GBX 0.6202 per Share, as opposed to the last day’s closing share price, which was reported to have been at GBX 103.60 per Share.

The beta of the stock is of 2.4774. This means that share price movement of the company, is more volatile, in comparison with the movement of the comparative market index.

Dixons Carphone Plc

Dixons Carphone Plc (LON: DC.) is a London, United Kingdom based General Retailing company that was formed in the year 2014, post-merger of Dixons Retail and Carphone Warehouse Group. The company operates as telecommunications and electrical retailer. Its business operations spread across the UK & Ireland, Nordics and Greece with 14 brands and around 42000 Employees.

Financial Performance

On 12th December 2019, the company had announced its interim results for the half year ended on 26th October 2019. The company reported a group adjusted profit before tax of £24 million for the period. The company also reported that the UK and Ireland Electricals revenue in the first half of the reporting period was down by 1 per cent while the like for like UK and Ireland Electricals revenue was reported to have been flat. It was reported that the International revenue for the first half of the year was up by 1 per cent while the like for like International revenue was up by 3 per cent.

Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 12-December-19, before the close of the market

As on 12th December 2019, at 01:00 P.M Greenwich Mean Time, at the time of writing this, Dixons Carphone Plc’s price of the Share was reported to have been trading at GBX 139.85 per share on the London Share Exchange, an increase in the value of 5.99 per cent or GBX 7.90 per Share, as opposed to the last day’s closing share price, which was reported to have been at GBX 131.95 per Share.

The beta of the stock is 1.2706. This means that share price movement of the company, is more volatile, in comparison with the movement of the comparative market index.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK