Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Debenhams Plc    DEB   GB00B126KH97

Delayed Quote. Delayed  - 08/31 05:35:18 pm
60.6 GBp   +0.92%
08/10 DEBENHAMS : Work under way on Debenhams
08/02 DEBENHAMS : Mander Centre of the future taking shape
07/30 DEBENHAMS : Thank you very clutch
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Debenhams Warns Of Tough Climate As Profit Rises

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2012 | 08:45am CEST

Department store chain Debenhams PLC (>> Debenhams Plc) said Thursday it faces a tough consumer climate for the remainder of the year as economic conditions continue to restrain spending, adding to the tide of downbeat news from U.K. retailers this week, even as it posted a small rise in first-half net profit.

"We are pleased with our results for the first half," said Chief Executive Michael Sharp in a statement, adding, "We are mindful of the impact the wider economy may have on consumer behavior in the second half of the year as well as the uncertain effects of the major one-off events taking place in the U.K. during the summer."

For the six months to March 3, Debenhams posted a net profit of GBP95.5 million, up from GBP91.5 million in the same period a year earlier, on revenue 1.4% higher at GBP1.48 billion. Same-store sales excluding value-added tax--which applies to stores open for more than a year--were up just 0.3%.

Debenhams said pretax profit--the company's key measure of performance--was up slightly at GBP127.1 million from GBP125.3 million, above analyst consensus expectations, according to Debenhams.

An interim dividend was maintained at 1 pence a share. The company added that it intends to use up to GBP20 million to buy back shares over the next six months.

The retailer's focus on price cuts and sales promotions has seen it fare better than many of its rivals in recent years as high fuel and commodity inflation, tax rises and concerns about job security have caused consumers to rein in discretionary spending.

Debenhams' earnings come after a difficult week for U.K. retailers. Earlier this week, Marks & Spencer Group PLC (>> Marks and Spencer Group Plc) said like-for-like sales fell in the fourth quarter, while Tesco PLC (>> Tesco PLC) Wednesday reported declining full-year profit from its U.K operations.

Shares closed Wednesday 80.5 pence.

-By Peter Evans, Dow Jones Newswires; 44-20-7842-9308; peter.evans@dowjones.com

Order free Annual Report for Tesco Plc

Visit http://djnweurope.ar.wilink.com/?ticker=GB0008847096 or call +44 (0)208 391 6028

Order free Annual Report for Marks & Spencer Group Plc

Visit http://djnweurope.ar.wilink.com/?ticker=GB0031274896 or call +44 (0)208 391 6028

Stocks mentioned in the article : Debenhams Plc, Tesco PLC, Marks and Spencer Group Plc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DEBENHAMS PLC
08/13 DEBENHAMS : Earn rewards for shopping
08/10 DEBENHAMS : Work under way on Debenhams
08/03 LEWIS PTNRSHIP7HCP : Your views ... on the
08/02 DEBENHAMS : Mander Centre of the future taking shape
07/30 DEBENHAMS : Thank you very clutch
07/28 DEBENHAMS : Sunshine style
07/25 DEBENHAMS : Centre evacuated after man fell
07/23 DEBENHAMS : We've got your backpack
07/23 DEBENHAMS : Skirting the issue
07/21 British clothing retailers face Brexit double whammy
More news
Sector news : Department Stores - NEC
12:14a U.S. accuses EU of grabbing tax revenues with Apple decision
08/31DJWELLS FARGO : Amazon End Student-Loan Partnership -- Update
08/31DJSix-Weeks Later, Wells Fargo, Amazon End Partnership
08/31DJWELLS FARGO : Amazon End Student-Loan Partnership
08/31DJEU Looks to Rein In Alleged Excesses of US Tech Giants
More sector news : Department Stores - NEC
News from SeekingAlpha
03/10 Is It Time For British Department Stores To Shine?
2015 Debenhams' (DBHSY) CEO Michael Sharp on Q4 2015 Results - Earnings Call Trans..
2015 Debenhams' (DBHSY) CEO Michael Sharp on Q1 2015 Results - Earnings Call Trans..
2015 How To Hunt For Deep Value Stocks With Bravery Over Patience
Advertisement
Financials ( GBP)
Sales 2016 2 859 M
EBIT 2016 130 M
Net income 2016 91,6 M
Debt 2016 282 M
Yield 2016 5,80%
P/E ratio 2016 8,07
P/E ratio 2017 8,13
EV / Sales 2016 0,36x
EV / Sales 2017 0,35x
Capitalization 737 M
More Financials
Chart DEBENHAMS PLC
Duration : Period :
Debenhams Plc Technical Analysis Chart | DEB | GB00B126KH97 | 4-Traders
Full-screen chart
Technical analysis trends DEBENHAMS PLC
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 0,64  GBP
Spread / Average Target 7,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ian M. Cheshire Chairman
Peter Swann Director-Operations
Matthew Smith Chief Financial Officer & Director
Dennis Henry Millard Non-Independent Non-Executive Director
Martina Ann King Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DEBENHAMS PLC-14.27%965
AMAZON.COM, INC.13.57%363 889
WESFARMERS LTD3.00%36 417
KERING6.81%23 749
EL PUERTO DE LIVERPOOL..-2.51%14 203
AEON CO LTD-23.39%12 043
More Results