Inactive Instrument

Koovs plc

GB00BHB22S55

Koovs plc Announces Sales Results for the First Half of Fiscal 2018; Provides Sales Guidance for the Second Half and Earnings Guidance for the Full Year of Fiscal 2018

March 01, 2018 at 02:00 am EST

Koovs plc announced sales results for the first half of fiscal 2018. For the six months, the company announced gross sales were flat at £7.9 million.

The company now expects second half gross sales to be down due to the cash conservation plan.

Full year of fiscal 2018, sales are expected to be £14.5 million. EBITDA is expected to improve to a loss of £14.4 million, whilst the company's trading margin has continued to increase to 11%.

Latest news about Koovs plc

Koovs sold by administrators as Indian billionaire Biyani fails to invest	19-12-10	RE
SGIK 3 Investments Limited acquired the business and assets of Koovs plc.	19-12-09	CI
Koovs plc Announces New Contract with Future Lifestyle Fashions Limited to Develop New and Exclusive Fashion Range for FLFL's Brand Factory	19-09-03	CI
Koovs plc Reports Consolidated Earnings Results for the Year Ended March 31, 2019	19-07-17	CI
Koovs plc Announces Board Changes	18-12-13	CI
Koovs plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2018	18-12-13	CI
Koovs plc Reports Consolidated Earnings Results for the Year Ended March 31, 2018	18-09-04	CI
Koovs Plans To Raise Funds	18-03-11	CI
Koovs plc Announces Sales Results for the First Half of Fiscal 2018; Provides Sales Guidance for the Second Half and Earnings Guidance for the Full Year of Fiscal 2018	18-03-01	CI
Koovs plc Appoints Nina Amin as Non-Executive Director and Chairman of the Audit Committee with Effect from 1 February 2018	18-01-15	CI
Koovs plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended of September 30, 2017	17-12-19	CI
Koovs plc announced that it has received £8.9 million in funding	17-09-07	CI
Koovs plc Reports Consolidated Earnings Results for the Year Ended March 31, 2017	17-09-07	CI
Koovs plc announced that it expects to receive £18.9 million in funding	17-07-20	CI
Koovs plc Appoints Samantha Chilton as Head of Design	17-05-31	CI
Koovs plc Announces Sales Results for the Financial Year March 31, 2017	17-04-04	CI
Koovs Announces Strategy for International Expansion into Middle East and Asia-Pacific	17-03-31	CI
Koovs plc Announces Sales Results for the Nine Months Period from April 1, 2016 to December 31, 2016	17-01-25	CI
Koovs plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended of September 30, 2016	16-12-22	CI
Koovs plc Announces Trading Results for 17 Weeks from 01 April to 31 July 2016	16-09-05	CI
Koovs plc Auditor Raises 'Going Concern' Doubt	16-08-24	CI
Koovs plc Reports Consolidated Earnings Results for the Year Ended March 31, 2016	16-07-29	CI
Koovs plc Announces Executive Changes	16-07-01	CI
Koovs plc completed the acquisition of remaining 42.5% stake in Koovs Marketing Consulting Pvt. Ltd from Infotel E-Commerce Pvt Ltd.	16-05-30	CI
Koovs plc Reports Sales Results for the Year Ended March 31, 2016	16-04-05	CI

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Company Profile

Koovs plc is a supplier of branded fashion garments and accessories for sale by a third party through Koovs.com Website principally in Republic of India. The Company offers dresses, tops, jumpsuits and playsuits, skirts, trousers and leggings, cardigans and pullovers, lingerie and sleepwear, and swim and beachwear, among others, for women. It offers shirts, t-shirts and polo shirts, vests, jeans, jog pants, shorts, hoodies and sweatshirts, coats and jackets, and innerwear and socks, among others, for men. In addition, the Company offers bags and wallets, accessories, sunglasses, jewelry and watches. The Company offers its products of various brands, including Knockaround, KOOVS, Kultprit, Pataaka, Pepe Jeans, Shuffle, Sole Threads, Vans, Voi Jeans, Modello Domani and Mr Button, among others. The Company's subsidiary is Koovs Marketing Consulting Private Ltd.

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