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Sanderson

July 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SDG
  • Price:
  • 180p
The shares spiked violently higher after wallpaper and fabric design group, Sanderson Design, my main write-up just two months ago at only 122p, announced that final results for the year to 31 January were ahead of expectations thanks to a strong performance in H2. Despite lockdowns in Q1 this year, current trading is also ahead of expectations. Full year pretax profit was £7.1m (forecast: £6.4m), which includes £2.7m Government support. Performance was driven by the Sanderson and Morris & Co brands (sales +18% in H2) while third party manufacturing sales have returned to pre-pandemic levels, yet with profits ahead. After management briefed TMI to expect rationalization of product numbers to in ...

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Sanderson (August 2023)
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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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