Picture of Sanderson Design logo

SDG Sanderson Design News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousSmall CapSuper Stock

UK's Sanderson Design FY revenue falls 1%

Corrects revenue in Key Details table to GBP 99.5 mln, from GBP 70.10 mln

Overview

UK luxury interior firm's FY revenue fell 1% to £99.5 mln

Adjusted underlying profits expected to rise to at least £5 mln

Net cash position improved to £9.8 mln at year-end

Outlook

Company sees increasing momentum in US, manufacturing, and DTC channels

Company notes subdued UK trading conditions

Sanderson Design confident in strategy for the year ahead

Result Drivers

US SALES GROWTH - Strong growth in brand sales in the US and other overseas markets contributed to overall performance

LICENSING PERFORMANCE - Robust licensing performance throughout the year supported cash generation

COST SAVINGS - Strategic cost-saving initiatives drove strong growth in profitability

Key Details

MetricBeat/MissActualConsensus Estimate
FY RevenueGBP 99.5 mln
Analyst Coverage The one available analyst rating on the shares is "strong buy" The average consensus recommendation for the home furnishings peer group is "buy." The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago Press Release: ID:nRSJ3246Sa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

Recent news on Sanderson Design

See all news