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French Connection Group PLC (FCCN.L)

FCCN.L on London Stock Exchange

36.00GBp
18 Oct 2019
Change (% chg)

-0.50 (-1.37%)
Prev Close
36.50
Open
36.04
Day's High
36.04
Day's Low
36.00
Volume
1,000
Avg. Vol
23,814
52-wk High
67.80
52-wk Low
30.00

Latest Key Developments (Source: Significant Developments)

French Connection Extended Period For Completing Strategic Review And Sale Process
Friday, 28 Jun 2019 

June 28 (Reuters) - French Connection Group PLC ::FRENCH CONNECTION - EXTENDED PERIOD FOR COMPLETING STRATEGIC REVIEW & SALE PROCESS UNTIL TIME OF INTERIM RESULTS, EXPECTED ON OR ABOUT 17 SEPT.FRENCH CONNECTION - "BOARD CONTINUES TO BELIEVE THAT FRENCH CONNECTION CAN DELIVER LONG-TERM GROWTH".FRENCH CONNECTION - DISCUSSIONS OVER STRATEGIC REVIEW AND SALE HAVE PROGRESSED AND ARE ONGOING WITH A NUMBER OF INTERESTED PARTIES.  Full Article

French Connection Says On Track To Return To Profitability At Year End
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - French Connection Group PLC ::H1 REVENUE 58.1 MILLION STG.GROUP REMAINS ON TRACK TO RETURN TO PROFITABILITY AT YEAR END.DECLINE IN LFL SALES IN UK/EUROPE OF 7.0% IN HY REFLECTING DIFFICULT TRADING CONDITIONS.ORDER BOOKS CO HAS HAVE PROVIDE CLEAR OUTLOOK FOR H2 IN WHOLESALE ALTHOUGH RETAIL CONTINUES TO BE CHALLENGING.HY UNDERLYING OPERATING LOSS BEFORE TAXATION REDUCED TO £5.5M, AN IMPROVEMENT OF £0.4M.FRENCH CONNECTION- TAKEN IMPAIRMENT PROVISION OF £2.M ON DEBT FROM INDIAN LICENSEE, £0.8M BAD DEBT PROVISION AGAINST AMOUNTS DUE FROM HOUSE OF FRASER.  Full Article

French Connection Group Says FY Underlying Group Operating Loss Of ‍0.6​ Mln Pounds
Tuesday, 13 Mar 2018 

March 13 (Reuters) - French Connection Group Plc ::FY REVENUE ROSE 0.5 PERCENT TO 154 MILLION STG.FY ‍GROWTH IN LFL SALES WITH UK/EUROPE UP 0.8% OVER YEAR​.‍INTEND TO KEEP SHAREHOLDER DISTRIBUTION POLICY UNDER CLOSE REVIEW DURING YEAR.​.FY UNDERLYING GROUP OPERATING LOSS ‍0.6​ MILLION POUNDS VERSUS LOSS OF 3.7 MILLION YEAR AGO.BOARD DO NOT RECOMMEND PAYMENT OF A DIVIDEND.FY RETAIL REVENUE DECREASED BY 5.5% TO £83.1M.FY LICENCE INCOME WAS FLAT ON LAST YEAR AT £6.3M.RETAIL MARKET IN UK THAT THEY ARE OPERATING IS UNLIKELY TO IMPROVE IN NEAR FUTURE.  Full Article

UPDATE 1-French Connection posts smaller loss, sees company sale by year-end

Sept 17 French Connection said on Tuesday it expects the sale process of the British clothing retailer to be completed by the end of the year, and reported a smaller first-half operating loss on growth in its wholesale business in the United States.