Chef Box Pride injured by summer weakness, IPO costs 26 November 2018



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StockMarketWire.com – Cake Box Holdings said that sales cake cakes, and fifty-first pre-tax profits; Falling costs associated with the signing of its company on London Stock Exchange and the highest level of high streets over the summer months; highlights performance.

For the six months ending 30 September, a 7% tax profit fell to £ 1.37m and income increased 44% to £ 8.28m.

Franchisees sold their sales company similar to 4.4% with total sales; license to £ 14.1m for half a year, although performance was compromised by the poor state of the street since hot weather during the summer.

The profit loss was also spent at a cost of £ 0.6m related to the listing of its London Stock Exchange.

& # 39; It's really interesting to & # 39; publish our first set of products as a public company. The Cash Box logo has been moving from strength to strength and we have made good progress as we are doing it. continue to grow with our strategic priorities to grow on our resource estates, investing more in our new products and developing our digital marketing, said Sukh Chamdal, Chief Executive.

Our performance in the & # 39; The first eight weeks of the second half have been confident and we have already opened four new sources. The Agency is well placed for further progress and the Board is still confident about another successful year.

Storytelling by StockMarketWire.com

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