Card Factory Interim Results - Willu Invest

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    Card Factory Interim Results

    Interim Results stated:

    Underlying Profit Before Tax -4.8% to £26.3m.
    Interim dividend +3.6% to 2.9p.
    Special dividend of 15p per share (£51.2m, making £246.5m returned to shareholders via dividends since the IPO in May 2014).
    The fall in operating profit came despite a 3.1% increase in LFL sales,
    Total revenues increased by +6.1%, with
    30 net new UK stores opened in the period, bringing the total UK estate to 895.
    Profitability remained high with EBITDA margins of 18.3%

    As of 8:08am the stock was trading down c.12.45% at c.310.00p


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