Total sales soared 23 per cent over the period and all divisions contributed to the uplift.
The home shopping division delivered sales up 32 per cent compared with the same period last year.
Findel’s credit business increased turnover by 8 per cent, on like-for-like product sales up 10 per cent. The division's online sales were 50 per cent up on the same period last year. The internet now accounts for 55 per cent of the credit business’s sales.
Findel's board said it continued to be “excited by the prospects of the group and looks forward to a successful outcome for the full year”.
Numis analyst Jose Marco-Tobares said: “Findel’s share price has been hit, like most other retailers in recent weeks. However, we believe this is not deserved because its educational supplies division is very resilient and the home shopping division is showing strong sales growth.”
Since its interim results on November 29, Findel has sold its toy wholesale business James Galt & Co to Elmer’s in a£9 million cash deal.
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