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Results: CFX

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

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?

EPIC CFX
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Colefax – continued growth in ‘core US market’ enough to suggest a buy?

July-announced results from interior decorations group Colefax (CFX) emphasised “exceptional performance from the Decorating division” and “continued growth in the core US market should underpin the group's expected performance in the current year”. Today an AGM statement commencing “since we announced our year end results in July the group's sales have performed in line with expectations”. Good news then?...

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