The Card Factory Board Plc has approved an interim dividend in respect of FY27 of 1.4 pence per share, an increase of 0.1 pence per share compared to the prior year. The interim dividend will be payable to shareholders on the register on 6 November 2026, with payments made on 11 December 2026.
Other Financial Highlights:
Group revenue increased 5.3% to £260.8 million, compared to HY26, reflecting the contribution from Funky Pigeon following its acquisition in August 2025 and continued growth in wholesale sales.
Adjusted PBT of £12.7 million, compared with £13.2 million in HY26, with Group profitability broadly flat as improved store profitability was balanced by investment in digital and the international businesses to support future growth. Improvement in store profitability was delivered through higher profit margins and benefits of their 'Simplify & Scale' efficiency and productivity programme
Positive Adjusted Free Cash Flow of £0.8 million in H1, which has historically generated negative free cash flow. This is an improvement of £7.1 million year-on-year, reflected continued disciplined management of working capital.
Total store sales declined 0.7%, reflecting continued pressure on UK consumer sentiment which has impacted footfall and Like-for-like (LFL) 1 stores sales, which were down -2.0%.
Despite the challenging backdrop, improved store execution, particularly through spring sale and range change activity, resulted in higher product margins and improved store profitability through the period.
Republic of Ireland stores continued to perform strongly, with total store sales up 24.3% and Like-for-like sales up 5.6%.
Wholesale sales increased 13.6%, with good performance from our partnerships with The Reject Shop and Aldi, as well as Garlanna in the Republic of Ireland, alongside further progress in developing a scalable international wholesale model.
Digital sales increased by £12.8 million, reflecting the acquisition of Funky Pigeon; integration and delivery of the expected £5 million synergies, from FY28, remain on track.
Interim dividend of 1.4 pence per share (HY26: 1.3 pence per share), demonstrates continued commitment to sustainable, progressive shareholder returns.
Previously announced £15 million share buyback now 83% complete. Intend to launch £3 million buyback to treasury to satisfy future obligations under colleague share schemes.
