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Caffyns PLC Ord 50P (CFYN)

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27-Nov-2020 09:57 AM

Caffyns profit jumps on cost cuts; remains cautious on outlook

Automotive retailer Caffyns said profit jumped in the first half of the year as lower costs eased the hit to revenue from the government lockdown measures to curb the virus spread. For the six months ended 30 September, pre-tax profit jumped to &poun
24-Nov-2017 07:16 AM

Caffyns profits fall in challenging environment

Underlying pre-tax profits at Caffyns fell to £0.74m in the six months to the end of September - down from £1.01m last time. Revenues of £106.5m were up from £105.2m a year ago but underlying EBITDA fell to $1.8m from £2.1
26-May-2017 07:31 AM

Caffyns underlying pre-tax profits jump

Underlying pre-tax profits at Caffyns rose by 40% to £2.05m in the year to the end of March. Like-for-like new car unit sales were up 9.3% against a 1.0% fall in its market sector and like-for-like used car unit sales rose by 15.9%. Revenue from c
25-Nov-2016 07:17 AM

Caffyns pre-tax profits jump

Caffyns posts underlying profit before tax of £1.01 million for the six months to the end of September - up 2.3% on last time. Revenues rose to £105.2m from £95.5m and the group made a profit before tax on business disposal of £4.68 million. Profit befor
27-May-2016 07:24 AM

Caffyns' profit

Caffyns posts underlying pre-tax profits of GBP2.9m for the year to the end of March - up from GBP2.5m last time. Revenues rose to GBP232.5m from GBP210.3m and underlying EBITDA increased to GBP5.1m from GBP4.8m. The dividend of 21.75p per share is uop f
28-Apr-2016 07:49 AM

Caffyns exercises options over land in West Sussex

Caffyns has exercised options to acquire three parcels of land totalling around 3.7 acres in Angmering, West Sussex for GBP2.3 million in cash. The company intends to relocate its existing Audi dealership in Worthing to the land. Planning permission fo
17-Mar-2016 09:04 AM

Caffyns to sell Land Rover business

Caffyns has agreed, subject to shareholder approval, to sell the business and assets (excluding the freehold property) of its Land Rover business to Harwood Limited for GBP5.7m. The consideration is payable on completion, which is expected to be 29 Apri
27-Nov-2015 09:25 AM

Half year profits rise sharply at Caffyns

Caffyns has announced that for the half year ended 30 September 2015 underlying profit before tax was up 30% to £1,547,000 (2014:£1,192,000). Profit before tax increased 41% to £1,711,000 (2014:£1,213,000). Like for like new car unit sales were up b
15-Jul-2015 09:19 AM

Caffyns update on property sale

Caffyns says the contract for the sale of part of its freehold site at 5-7 Upperton Road, Eastbourne, East Sussex, for £1.55m with Churchill Retirement Living has become unconditional. The consideration is payable in cash on the completion date of 20 Ju
03-Jun-2015 07:36 AM

Caffyns profits jump

Caffyns posts pre-tax profits of £11.4m for the year to the end of March - up from £1.6m last time. Revenues rose to £210.3m - up from £193.2m - and underlying profit before tax rose by 14% to £2,472,000. Like for like new car unit sales rose by 6.6
27-Apr-2015 07:23 AM

Caffyns' deal

Caffyns has exchanged contracts for the sale of part of the company's freehold site at 5-7 Upperton Road, Eastbourne, East Sussex, to Churchill Retirement Living Limited for £1.55m. The contract is conditional upon a High Court ruling relating to
28-Nov-2014 07:55 AM

Caffyns hikes divi as revenues and profits rise

Car dealer Caffyns reports a strong first half performance with underlying profit before tax up 16% at £1,192,000 and revenues rising to £103.9m from £93.4m last time. Profit before tax jumped by 67% to £1,213,000 and gthe interim dividend of 6.75p p
24-Jul-2014 07:45 AM

Caffyns like-for-like sales up

Caffyns has made an encouraging start to the current financial year which ends on 31 March 2015, shareholders at the annual general meeting later today will be told. Chairman Richard Wright will say: " In the trading quarter to 30 June 2014 (the &qu
30-May-2014 07:19 AM

Caffyns hikes dividend 50% as earnings soar

Car dealership Caffyns reported rofit before tax up 40% to £1,566,000 in the year to end-March (2013: £1,122,000) Underlying profit before tax up 78% to £2,166,000 (2013: £1,218,000) Net cash generated by operating activities of £5.37m (2013: outfl
14-Feb-2014 09:46 AM

Caffyns sees further rise in sales

Car retailer Caffyns saw a rise in car sales and revenues from its after-sales services in the four months to the end of January. The company's unit sales of new cars increased by 9.8% on the equivalent period in the previous year. This was achieved
29-Nov-2013 07:30 AM

Caffyns profits surge

Car dealership Caffyns said today that underlying profit before tax was up 134% to £1.027m in the half-year to end-September (2012: £439,000). · Profit before tax up 132% to £727,000 (2012: £314,000) · Like for like new car unit sales up b
14-Nov-2013 02:58 PM

Caffyns acquires site in Eastbourne

Caffyns has exchanged contracts with Westcott Leach for the purchase of a freehold site in Eastbourne, West Sussex, for £750,000. The site of 0.77 acres includes a commercial building of approximately 10,000 square feet and is next to the company&apos
25-Jul-2013 12:22 PM

Sales improve at Caffyns

Caffyns plc, the automotive retailer covering eight car franchises on 12 sites in the south of England, has seen a sales improvement. Ahead of this afternoon's AGM its chairman, Richard Wright, said: "At the time of our full year results annou
31-May-2013 07:26 AM

Caffyns trading profits jump after restructuring

Car dealer Caffyns posts adjusted operating profits of £2.1m for the year to the end of March - up from £1.6m last time. Revenues fell to £164.96m from £170.2m but like-for-like underlying revenues were up by 10.6%. Underlying profit before tax jump
27-Feb-2013 02:11 PM

Caffyns declares dividends on preference shares

Caffyns has declared interim dividends on its 6.5% and 10% cumulative preference shares of 3.25p and 5.0p respectively. The dividend sill be paid on 1 April. At 2:11pm: (LON:CFYN) Caffyns share price was 0p at 380p Story provided by StockMarketWire.
15-Feb-2013 12:12 PM

Caffyns eyes crucial March amid challenging trading

Car dealer Caffyns said trading conditions remained challenging and its full-year performance would be influenced by the "crucial month of March." In the four months to Jan. 31, 2013, the company's unit sales of of new cars rose 20.6%, yea
30-Jan-2013 03:01 PM

Caffyns transfers treasury shares

Caffyns has transferred 774 ordinary shares from treasury to participants in the company's employee SAYE scheme for the exercise of options under the SAYE 2010 scheme. The company now holds 111,745 ordinary shares in treasury and has 2,767,553 in i
30-Nov-2012 07:35 AM

Caffyns raises profits

Car dealership Caffyns reported profit before tax of £512,000 in the year to end-September, up from £241,000 last year, with lfl new car sales up 18.9%. Successful property sale completed realising £1.3m Inventory levels in the half year reduced by
24-Oct-2012 12:49 PM

Operations chief at Caffyns departs

Caffyns announced in August that its operations director, Guy Ainsley, was to leave next March. It has now said that Mr Ainsley will be stepping down with immediate effect. At 12:49pm: (LON:CFYN) Caffyns share price was 0p at 390p Story provided by
14-Aug-2012 04:19 PM

Caffyns operations director to step down

Caffyns operations director Guy Ainsley is to leave the company at the end of its current financial year on 31 March 2013. Until then, Ainsley will continue to progress with the implementation of the company's strategy of focusing on premium and p
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