Bonmarché is the UK’s largest womenswear value retailer catering for women over 50 years. We pride ourselves on offering quality clothing with appropriate styling, great value and in a wide range of sizes, along with outstanding customer service.

We have won awards for our clothing, winning the ‘Best for flattering fit’ award at the Yours 50+ Fashion Awards 2012. We were also crowned ‘Britain’s Best Women’s Clothing Retailer’ at the Verdict Research Awards 2012 as well as coming second for the nation’s favourite retailer, and most recently in 2013 we were awarded The Yours Magazine 50+ Fashion Awards, where we were voted as “best for knitwear”.

The Bonmarché ladies fashion range includes casual and formal separates, outerwear, dresses, swimwear, lingerie, nightwear and accessories in addition to the exclusive Bonmarché collection by formal Royal couturier David Emanuel.

Our website allows you to shop online for your favourite clothing items and have them delivered to your home or offer a FREE service to your local store with the nationwide Bonmarché collect in store service at over 250 stores. We also offer a telephone ordering service, available between 8am and 8pm, 7 days a week.

Bonmarché was established in 1982 by two brothers who began their business on market stalls and opened their first store in Doncaster. The business expanded very quickly to a portfolio of over 200 stores when they were acquired by The Peacock group in 2002.


Ticker
BON

Exchange
London


http://www.bonmarche.co.uk/page/home

Interim Results

RNS


RNS Number : 3928Y

Bonmarche Holdings PLC

01 December 2014






1 December 2014

Bonmarché Holdings plc

("Bonmarché" or the "Company" or the "Group")

Interim Results

26 week period ended 27 September 2014



Bonmarché, one of the UK's largest women's value retailers, reports its interim results for the 26 week period ended 27 September 2014.

Financial Highlights:

· Total revenue up 11.8% at £91.1m (H1 FY14: £81.5m)

· Store LFL sales growth of 7.8%

· Profit before tax of £6.4m up 68.1% (H1 FY14: £3.8m); growth of 15% on underlying basis

· Profit before tax margin increased from 4.7% to 7.0% (6.8% to 7.0% on an underlying basis)

· Earnings per share were 9.9p (H1 FY14: 5.2p*; 8.7p** on underlying basis)

· Strong cash generation with cash and cash equivalents at half year end of £13.5m (H1 FY14: £11.3m)

· Interim dividend of 2.3 pence per share

* The H1 FY14 EPS figure uses the post IPO share capital structure to aid comparability.

** The H1 FY14 EPS figure uses the post IPO share capital structure and has been restated to exclude the exceptional items detailed in Note 7.

Operational Highlights:

· Good progress achieved with continued developments to product, pricing and supply chain

o Higher rates of sale due to range improvements

o Reduced entry prices in line with "first price, right price" strategy

o Average selling price increased through stretching exit prices

o Rationalised supplier base to an appropriate level for current product range



· Continued multi-channel improvements

o Online sales penetration was 7.2% of total sales for the six months, up from 5.3% for comparative period last year

o Development of new EPOS system on track



· Improved store estate

o Refitted 11 stores in H1 FY15; approximately 40 further re-fits planned for FY16

o Development of store portfolio with opening of 4 new stores and 9 "other" locations; on track to deliver FY15 new space target



· Actively testing growth opportunities

o Ongoing trials of new growth opportunities - Ann Harvey and menswear ranges







Beth Butterwick, Chief Executive Officer of Bonmarché, commented:

"We are pleased with Bonmarché's first half performance and our progress against our strategic objectives.

Towards the end of Q2, trading conditions became more difficult due to the unseasonably warm weather. These conditions have continued into the second half; however, on the basis that the weather returns to its normal seasonal pattern, the Board expects the current year's performance to be in line with its original expectations."

Ends

Bonmarché's all dressed up with plenty of places to go

By Joanne Hart, Financial Mail on Sunday

Published: 21:58, 27 December 2014 | Updated: 21:58, 27 December 2014


Bonmarché has been another star performer for Midas – up 30 per cent this year to 305p.

Focused on women aged over 50, the company floated in November 2013 with the aim of becoming the number one destination for older women in search of stylish clothes at affordable prices.

For chief executive Beth Butterwick, this involves enhancing the clothing range, improving the group’s online presence, refurbishing the stores, opening in places where older women tend to be – such as garden centres and even care homes – and expanding into new avenues, such as menswear and clothes for larger ladies.



Star performer: Beth Butterwick has helped transform Bonmarché since its flotation in November 2013

The first full year as a listed business has seen progress on every front.

The company’s financial year runs to March 31 and on December 1, Butterwick revealed a 15 per cent increase in interim pre-tax profits to £6.4 million for the six months to September 27.

Sales from existing store space rose 7.8 per cent – which is an impressive result compared with many clothing retailers – and there was a 51 per cent increase in online sales.

The company has worked hard on improving its product range and customers have responded, not least by spending more per shopping trip than they did a year ago.

Brokers expect pre-tax profits to increase by 9 per cent to £12.2 million in the year to next March, rising a further 9 per cent the following year to £13.4 million.

Importantly, Bonmarché has a progressive dividend policy, so it is expected to pay out at least 6.8p in 2015, rising to 7.7p the year after.



Delivering rewards: Bonmarché should continue to deliver shareholders healthy dividends in 2015

Midas verdict: The retail sector is notoriously tricky but Bonmarché is in the middle of a self-help programme that should continue to deliver rewards. The over-50s are a growing segment of the population and tend to be less fickle than the younger generation.

Investors who have done well might wish to bank some profits and sell part of their stock, but they should retain at least half as this company is on course to deliver solid long-term gains.

One of Shares 15 for 2015


Bonmarche (BON:AIM) 283.5p

James Crux

Market share gains twinned with self-help measures should drive earnings upgrades and a re-rating at women’s value retailer Bonmarche (BON:AIM) next year. An additional catalyst for positive trading surprises is the relaxation of pension laws in April, set to boost spending by over 55’s on lifestyle improvements including clothing.

Reinvigorated by chief executive officer (CEO) Beth Butterwick, Bonmarche is a multi-channel high street fashion retailer selling stylish-yet-affordable clothing to over-50s women. The £141.8 million cap is the only retailer dedicated to this resilient, flourishing niche, where the demographic is growing and fast acquiring a habit for shopping online.

(Click on image to enlarge)

Cover Bonmarch chart

Wakefield-headquartered Bonmarche’s ranges are primarily own brand, hence its attractive gross margins of approaching 60%, while its ‘Bonus Club’ loyalty scheme represents a source of strength in a competitive apparel market.

While most clothing retail peers suffered from downgrades driven by unseasonably warm autumn weather, excellent interims (1 Dec) boosted by a strong first quarter helped Bonmarche avoid downwards earnings revisions. Mild temperatures crimped second quarter sales, though supply chain flexibility meant Bonmarche was able to re-order best sellers from its improved spring/summer range to navigate the unexpected weather.

Half-time figures revealed healthy momentum across the business, with pre-tax profits up 15% to £6.4 million, supported by higher rates of full price sales and product range improvements. Store like-for-like sales grew 7.8%, while online sales surged ahead by 51% to speak for 7.2% of the overall top line.

Bonmarche Christmas Image 1

Significantly, Bonmarche closed the half with £13.5 million cash in the coffers, giving it the financial flexibility to invest in marketing, expansion through new stores and concessions, as well as sales-enlivening store refits. Butterwick is also investing behind new growth opportunities such as menswear ranges, the re-launched Ann Harvey brand and targeted openings in locations such as garden centres.

For the year to March 2015, Investec Securities, with a 315p price target, forecasts improved pre-tax profits of £12.2 million (2014: £11.2 million) for 9.1% earnings growth to 19.2p. A bullish Christmas sales update (15 Jan) could see these estimates massaged upwards. Conservative estimates for next year see profits blooming to £13.4 million for another 10% earnings per share advance to 21.1p.

Trading on 13.4 times forecast March 2016 earnings, the shares offer re-rating scope. Bonmarche is forecast to increase its dividend from 6.8p this year to 7.7p next, which means there’s a supportive 2.4% yield on offer to boot.

Share price: 283.5p

Market cap: £141.8 million

EPS Mar 2015: 19.2p

EPS Mar 2016: 21.1p

PE Mar 2015: 14.8

PE Mar 2016: 13.4

Dividend Mar 2015: 6.8p

Dividend Mar 2016: 7.7p

Prospective dividend yield Mar 2015: 2.4%

9 Jan Investec 315.00 Buy

Trading Statement

Headline LFL sales increased by 3.8% for the 13 weeks, bringing the figure for the year so far to 6.4%. Combining online sales growth with the LFL figure, raises the quarter's figure to 5.8% and the figure for the year so far to 8.6%.


http://www.moneyam.com/action/news/showArticle?id=4958872

15 Jan Investec 325.00 Buy
15 Jan Cantor... 320.00 Buy
9 Jan Investec 315.00 Buy

Update for shares 15 for 2015 - Bonmarche has sales momentum at its heels and at least another year of self-help opportunities ahead.

Trading update

Final results


Financial Highlights:

· Revenue up 8.7% at £178.6m (2014: £164.3m)

· LFL sales growth of 4.0%, 6.0% including online

· EBITDA (before exceptional items) up 13.6% at £15.5m (2014: £13.7m)

· PBT up 55.3% at £12.4m (2014: £8.0m)

· Pre-exceptional PBT up 10.4% at £12.4m (2014: £11.2m)

· PBT margin up 2.0% at 6.9% (2014: 4.9%)

· Pre-exceptional PBT margin up 0.1% at 6.9% (2014: 6.8%)

· Pre-exceptional basic adjusted EPS up 11.3% at 20.7p (2014: 18.6p)*

· Recommend final dividend of 4.5 pence per share, taking the full year dividend to 6.8 pence per share

Operational Highlights:

· Continued increase in market share:

o Share of UK women's value clothing market increased by 12.8% to 4.4% (Kantar)

· Progress made in achieving strategic objectives:

o Successful enhancements to product ranges and prices

o Improvements in multichannel delivered 36% growth in online sales and 32% increase in call centre sales

o Opening of net 29 new stores/concessions in target locations and progress made in roll out of store modernisation programme

o Increased the number of most loyal core customers

o Launched refreshed Bonmarché brand to align with evolving customer base

12 Jun Investec 325.00 Buy
12 Jun Cantor... 320.00 Buy

trading update

19 October 2015

Bonmarché Holdings plc

("Bonmarché" or the "Company")



First Day of Dealings

The Company is pleased to announce that its entire issued ordinary share capital consisting of 50,018,150 ordinary shares of one pence each ("Ordinary Shares") has been admitted to the premium segment of the official list of the Financial Conduct Authority and to trading on the London Stock Exchange's Main Market for listed securities (together "Admission") at 8.00 a.m. today. Trading in the Company's Ordinary Shares on the AIM market of the London Stock Exchange has today been cancelled.

The Company's TIDM will continue to be BON, with an ISIN of GB00BF8H6F45 and SEDOL number of BF8H6F4.

The prospectus published by the Company on 18 September 2015 in connection with the Admission can be found at: www.bonmarcheplc.co.uk.

Bonmarché Holdings plc, one of the UK's largest women's value retailers, announces that it will release its Interim Results for the 26 weeks ended 26 September 2015 on Monday 23 November 2015.

Bonmarche Holdings PLC (BON:LSE) set a new 52-week high during today's trading session when it reached 318.00. Over this period, the share price is up 18.22%.

Unaudited Interim Results
RNS
RNS Number : 5242G
Bonmarche Holdings PLC
23 November 2015

23 November 2015

Bonmarché Holdings plc



("Bonmarché" or the "Company" or the "Group")



Unaudited Interim Results



26 week period ended 26 September 2015



Bonmarché, one of the UK's largest women's value retailers, reports its unaudited interim results for the 26 week period ended 26 September 2015.



Financial Highlights:

· Total revenue up 6.5% at £97.0m (H1 FY15: £91.1m)

· Store LFL sales growth of 2.0% for H1 which includes LFL growth of 6.1% in Q2, showing improvement in LFL sales over last three quarters

· Profit before tax of £5.4m, £6.4m on a pre-exceptional basis (H1 FY15: £6.4m)

· Basic EPS was 8.4p (H1 FY15: 10.5p)

· Pre-exceptional basic EPS was 10.5p (H1 FY15: 10.5p)

· Strong cash generation, with net cash of £18.6m at the half year end (H1 FY15: £12.6m)

· Interim dividend of 2.5 pence per share (H1 FY15: 2.3 pence)





Operational Highlights:



· Brand & customer acquisition:

o Appointed new Multi-channel & Marketing Director and strengthened teams in these areas

o Launched test TV advertising campaign to introduce Bonmarché to a wider audience

· Product development:

o Increased fashionability - using cues from customer responses to David Emanuel ranges, continued the extension of contemporary handwriting across main BM ranges

o Overall LFL improvement, particularly in coats and knitwear where we have de-seasonalised transitional ranges

· Channels to market:

o Opened 8 net new solus stores/concessions and full year programme on track

o Programme under way to modernise store fascias with new branding; 140 to be refreshed by the year-end

o Roll-out of personal shopping service well received by customers

o Fully responsive website launched in July 2015





Beth Butterwick, Chief Executive of Bonmarché, commented:



"Bonmarché's performance for the first half of the year has been satisfactory and we have made further progress against our strategic objectives. I am pleased with the improvement in store like-for-like sales, which is a testament to the value of our loyal customer base, in a market which remains challenging. I am also pleased with the progress being made by the new marketing and multi-channel teams to turn around online sales.



Trading conditions during November have been challenging, due to very mild, wet weather. Our expectations for the full year remain unchanged, provided that trading conditions normalise for the remainder of the financial year."

23 Nov Canaccord... 325.00 Buy
23 Nov Investec 325.00 Buy
23 Nov Cantor... 350.00 Buy

Company News

Bonmarche November trading hit by mild weather but FY expectations unchanged

Mon, 23 November 2015



Bonmarche November trading hit by mild weather but FY expectations unchanged
(ShareCast News) - Women's value retailer Bonmarché said its expectations for the full year remain unchanged despite challenging trading conditions in November due to very mild, wet weather.
For the 26 weeks to 26 September, the company posted pre-tax profit of £5.4m, down from £6.4m the previous year, hit by costs relating to the listing of its shares on the main market of the London Stock Exchange from AIM.

Revenue rose 6.5% to £97m, like-for-like sales grew 2% and Bonmarché declared an interim dividend of 2.5p per share, up from 2.3p the previous year.

Chief executive Beth Butterwick said: "Bonmarché's performance for the first half of the year has been satisfactory and we have made further progress against our strategic objectives. I am pleased with the improvement in store like-for-like sales, which is a testament to the value of our loyal customer base, in a market which remains challenging.

"I am also pleased with the progress being made by the new marketing and multi-channel teams to turn around online sales."

At 0917 GMT, shares were down 4.8% to 280p.

Back to square one.

DC - do you still follow these?

The dresses would not fit me skinny. :-)) . Had a few in the early days of the thread, have not followed them.