Latest Views & News

Colefax – “record sales and profits”, but operational gearing now set to go into reverse?

By Steve Moore | Wednesday 17 August 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Colefax and FowlerCowtan & ToutJane ChurchillManuel Canovas and Larsen soft furnishings group Colefax (CFX) has announced results for its year ended 30th April 2022, including noting “record sales and profits” and that it “is well placed to deal with more challenging trading conditions”. So what of a share price currently up to 807.5p, but still below recent levels of 880p?

You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



The ShareProphets Sunday Pub Quiz #160



Gyrations at Victoria Carpets



GOTCHA: admits it is fucked



Stuff happens but we are not stuffed



The ShareProphets Sunday Pub Quiz #159



Challenges continue at Ocado



Iconic Labs – back from the dead?



Pure Gold – Pure Ramping!

Sunday »


The ShareProphets Sunday Pub Quiz #158



Buy Orcadian Energy