UK's Colefax half-year revenue rises 11.7% on strong US sales

Colefax

28/01/2026 07:11

Overview

British furnishing fabrics designer's half-year revenue rose 11.7% yr/yr

EPS increased 25% yr/yr, driven by strong US Fabric Division sales

Company returned £6.1 mln to shareholders via share buyback programme

Outlook

Colefax expects full-year profits to exceed current market forecasts

Company anticipates challenging Fabric Division sales growth next year

Colefax plans to invest in US distribution network and fabric brands

Result Drivers

US SALES - Strong performance in the US Fabric Division, with sales up 18.3% on a constant currency basis, attributed to the robust US stock market

DECORATING DIVISION - Improved performance with a profit of £351,000, versus a loss of £63,000 in the prior year, driven by project completions

UK MARKET - Sales in the UK increased by 10.5%, reflecting recovery from weak prior year due to election uncertainty, but high stamp duty remains a challenge

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 58.96 mln
H1 EPS
GBP 0.67
H1 Net Income
GBP 3.89 mln
H1 Basic EPS
GBP 0.67
H1 Gross Profit
GBP 32.56 mln
H1 Operating Expenses
-GBP 27.002 mln
H1 Operating Profit
GBP 5.56 mln
H1 Pretax Profit
GBP 5.29 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the home furnishings peer group is "buy"

Wall Street's median 12-month price target for Colefax Group PLC is GBp870.00, about 13.4% below its January 27 closing price of GBp1,005.00

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nRSb6229Qa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)