Patisserie Holdings plc is a leading UK branded café and casual dining group offering cakes, pastries, snacks, meals and hot and cold drinks from 138 stores and Flour Power City Bakery in the UK.

It currently operates under five differentiated brands – Patisserie Valerie, Druckers – Vienna Patisserie, Philpotts, Baker & Spice and Flour Power City, offering broad customer appeal, flexibility and outstanding roll-out potential.

The Company operates a vertically integrated business model, with all products made in-house at seven bakeries and delivered fresh daily. Products are sold primarily through stores and also a growing online channel.

The Group's executive management team, led by Luke Johnson (Executive Chairman), Paul May (Chief Executive Officer) and Chris Marsh (Finance Director), has overseen a period of consistent growth from eight stores in 2006 to more than 130 today. The first Patisserie Valerie café was opened on Frith Street in London’s Soho district in 1926 by Belgian-born Madame Valerie, whose vision was to introduce continental patisserie products to the UK. During the Second World War, the Frith Street premises were destroyed by bombing and Madame Valerie subsequently re-established a new Patisserie Valerie café nearby on Old Compton Street, where her legacy continues to this day.

Risk Capital Partners, the London-based private equity firm, co-founded in 2001 by Luke Johnson and Ben Redmond, backed the acquisition of Patisserie Valerie in 2006. At the time it had eight sites in Central London. The company subsequently acquired Druckers - Vienna Patisserie in 2007, Baker & Spice in 2009, Flour Power City Bakery in 2013 and Philpotts in 2014.

(CAKE:AIM)

http://investors.patisserieholdings.co.uk/

and it was down to 410 at start of day

Nice recovery underway.

08:50 12/08/2016
Broker Forecast - finnCap issues a broker note on Patisserie Holdings Plc

finnCap today upgrades its investment rating on Patisserie Holdings Plc (LON:CAKE) to buy (from hold) and left its price target at 350p. Story provided by StockMarketWire.com

Proactive investor - Patisserie Holdings PLC (LON:CAKE), up 6.8%. Old Mutual’s stake has fallen below 5% to 4.91%.

10:50 19/07/2017
Broker Forecast - Berenberg issues a broker note on Patisserie Holdings Plc
Berenberg today initiates coverage of Patisserie Holdings Plc (LON:CAKE) with a buy investment rating and price target of 400p. Story provided by StockMarketWire.com

Nice gains here and pleased to see my local branch always full at the weekends. Lots more growth to come.

Not good for the teeth, although lovely cakes. :-))

25 Jul
finnCap
360.00
Buy

25 Oct
Peel Hunt
425.00
Add

Preliminary results ending 30 Sept 17

Financial highlights
·      Revenue up 9.7% to £114.2m (2016: £104.1m)
o  Online sales up 26% to £4.8m (2016: £3.8m)
·      Gross profit of £89.3m up by 9.8% (2016: £81.3m)
o  Gross margin of 78.2% (2016: 78.1%)
·      EBITDA of £25.6m up 15.7% (2016: £22.2m)
·      Excellent growth in pre-tax profit to £20.2m up 17.1% (2016: £17.2m)
·      Diluted earnings per share of 16.20 pence up 19.1% (2016: 13.60 pence per share)
·      Net cash at year end of £21.5m (2016: £13.3m) with operating cash inflows of £24.4m (2016: £22.0m)
·      Average store payback period of 23 months (ahead of our 24 month target)
·      Final dividend of 2.40 pence per share proposed up 20.0% (2016: 2.00 pence per share)
 
Operational highlights
·      Successfully opened 20 stores in the year including stores in 12 new geographical locations
o  Expansion outside of England continues with two stores opened in Republic of Ireland, a second store opened in Northern Ireland and two new stores in Scotland
o  First store opened under the Philpotts brand
o  All new stores profitable from first day of trading and funded from operating cash flows
·      Trading from 199 stores at end of year (2016:184)
·      20 new stores targeted for 2018 with four opened since the financial year end
·      Entered into a supply only agreement with Sainsbury's during the year, trading from 18 Sainsbury's counters by the year end
·      Costs tightly controlled with inflationary wage and ingredient cost pressures mitigated in the year

28 Nov
Berenberg
400.00
Buy
27 Nov
Peel Hunt
425.00
Add
27 Nov
finnCap
360.00
Buy

Broker Forecast - Peel Hunt issues a broker note on Patisserie Holdings Plc
Peel Hunt today upgrades its investment rating on Patisserie Holdings Plc (LON:CAKE) to buy (from add) and raised its price target to 450p (from 425p). Story provided by StockMarketWire.com

15 Feb
Berenberg
400.00
Buy

28 Mar
Peel Hunt
450.00
Buy

11:20 18/05/2018
Broker Forecast - Berenberg issues a broker note on Patisserie Holdings Plc
Berenberg today reaffirms its buy investment rating on Patisserie Holdings Plc (LON:CAKE) and raised its price target to 460p (from 400p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Wow hows that for a kick in the teeth , suspended , money gone missing CFO gone , you just can't believe it sometimes .

Shares suspended alert! https://www.bbc.co.uk/news/business-45805647

Sounds serious!

Didn't rate this co after visiting one of their establishments in York, I did have a better experience in Exeter but not enough to warrant investing in them.

Another one bits the dust.

Terrible joke but looks like someone had their cake and ate it , though looks like they'll pay for it .