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12-Jan-2021 08:05 AM

The Hut Group annual revenue jumps 41%; upgrades 2021 sales forecast

Online retailer The Hut Group achieved a surge in annual revenue and upgraded its sales guidance for 2021. Revenue for the year through December jumped 41% year-on-year to £1.61 billion, bolstered by a 51% improvement in the fourth quarter. The Hu
07-Dec-2020 09:47 AM

The Hut Group upgrades sales guidance after bumper Black Friday

Online retailer The Hut Group upgraded its annual sales guidance after it enjoyed a strong showing during Black Friday, Singles Day and Cyber Week. Full-year revenue was now seen rising between 38% and 40% year-on-year to between £1.57 billion and
26-Oct-2020 07:18 AM

The Hut Group ups revenue guidance as quarterly sales jump 39%

Recently listed online beauty products retailer The Hut Group upgraded its annual revenue guidance after its third-quarter sales jumped 39%. Revenue for the three months through September increased to £378.1 million, the company said. The Hut Grou
12-Dec-2013 07:31 AM

Terrace Hill Group FY pretax profit slips to £5.6m

Terrace Hill Group's FY pretax profit slipped to £5.6m, from £7.5m. Revenue was £48.5m, from £65.9m. Its EPRA NAV rose 1.7% to 28.8p a share, from 28.3p. Net debt fell 62.9% to £17.5m. "During 2013 we have achieved significant success in d
03-Dec-2013 01:04 PM

Terrace Hill schedules FY results

Terrace Hill Group - a leading UK property development and investment group - will announce its results for the year to the end of September on 12 December. At 1:04pm: (LON:THG) Terrace Hill Group PLC share price was +0.01p at 30.88p Story provided b
05-Jun-2013 07:29 AM

Terrace Hill H1 epra NAV up 3% to 29.2p/share

Terrace Hill Group booked a 3% rise in its first-half epra net asset value per share to 29.2p. It swung to a pretax profit of £10.2 million, from a loss of £8.4 million. "The first half of the year has been transformational for Terrace Hill both i
11-Dec-2012 09:58 AM

Increased profitability for Terrace Hill Group

Terrace Hill group made a pre-tax revenue profit in the year (which is profit before valuation movements and contributions from associates) of £11.8 million compared with a revenue profit of £5.6 million for the 12 months ended 30 September 2011. Thi
14-Nov-2012 12:55 PM

Terrace Hill win contract for redevelopment project

Terrace Hill, a leading UK property development and investment group, has signed an agreement with Darlington Borough Council to redevelop a 1.9 acre former bus station in Feethams, Darlington, into a new state-of-the-art leisure complex with a developme
19-Sep-2012 09:35 AM

Terrace Hill set for Somerset foodstore acquisition

Terrace Hill Group has announced the conditional acquisition of a foodstore and residential development site in Midsomer Norton, Somerset. Terrace Hill has exchanged conditional contracts to acquire a 12 acre former industrial brownfield site in Midsomer
12-Jun-2012 09:07 AM

Terrace Hill focused on debt reduction

Terrace Hill group made a revenue profit of £0.2 million. This is compared with a revenue profit for the 12 months ended 30 September 2011 of £5.6 million. The group's IFRS loss before tax, which includes valuation movements and contributions fro
08-May-2012 09:43 AM

Terrace Hill pleased with store development progress

Terrace Hill Group has reached significant milestones at three of its foodstore developments. The sale of the Group's site in Whitchurch to Sainsbury's, was completed on 24 April 2012. This follows the award of a detailed planning consent for a
01-Mar-2012 03:46 PM

Terrace Hill announces AGM results

At the 18th Annual General Meeting of property firm Terrace Hill Group (LON:THG) held on Thursday 1 March 2012, all resolutions set out in the Notice of Meeting dated 3 February 2012 were passed by Shareholders on a show of hands. At 3:46pm: (LON:THG) T
13-Feb-2012 03:42 PM

Terrace Hill moves closer to selling residential properties

Terrace Hill Group plc (LON:THG), a UK property development and investment group, announces that it has exchanged contracts with an overseas buyer for the sale of a portfolio of properties within Terrace Hill Residential, its 49% owned associate, for a co
30-Jan-2012 09:43 AM

Terrace Hill signs development deal with Sainsbury's

Terrace Hill Group has signed a contract with Sainsbury's for the development of a 50,000 sq ft store with 322 parking spaces in Sedgefield. The development was awarded planning permission by Durham County Council in December 2011, following a publ
06-Jan-2012 08:20 AM

Improved numbers for Terrace Hill as debt reduced

Terrace Hill Group's full year results show improvement with reduced debt and an increased focus on foodstores. For the year to 30 September 2011 the company showed revenue profit of £5.6 million (30 September 2010: loss of £3.0 million) with re
06-Jan-2012 07:15 AM

Improved numbers from Terrace Hill as debt reduced

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03-Jan-2012 02:17 PM

Terrace Hill schedules FY results

Terrace Hill will announce its full year results for the period to the end of September on 6 January. At 2:17pm: (LON:THG) Terence Hill Group share price was +0.25p at 15.75p Story provided by
04-Nov-2011 08:46 AM

Terrace Hill looks to sell residential arm

Terrace Hill Group PLC (AIM: THG), a leading UK property development group, and its JV partners announce that they have appointed Ernst & Young to market the assets of Terrace Hill Residential PLC for sale. Terrace Hill owns a 49% interest in the joint ve
20-Sep-2011 03:12 PM

Terrace Hill gets planning recommendation for Sainsbury's supermarket

UK property development and investment group Terrace Hill has received a planning recommendation for a 30,000 sq ft Sainsbury's supermarket in Whitchurch, Shropshire. The application was unanimously supported at a planning meeting on 13 September a
07-Sep-2011 07:53 AM

Terrace Hill Group wins planning recommendation for two foodstores

Terrace Hill Group, the UK property developer has received a minded to grant recommendation with regard to two of its current planning applications, a Sainsbury's supermarket at Riverside Road in Sunderland and an Asda supermarket in Skelton, East Cl
28-Jun-2011 07:37 AM

Terrace Hill acquires Durham site

Terrace Hill Group, the UK property developer and investment group, has exchanged contracts to acquire a development site in Sedgefield, County Durham. The site extends to 7.1 acres and the acquisition is subject to obtaining planning for a 50,000 sqft
08-Jun-2011 07:36 AM

Terrace Hill expands foodstore portfolio

Terrace Hill Group the UK property developer and investment group, announces that it has further expanded its foodstore development portfolio, having exchanged contracts to acquire the Longfield shopping precinct, in Prestwich, in a joint venture with Alt
25-May-2011 09:08 AM

Strong operational performance from Terrace Hill

Terrace Hill Group plc, the UK property investment and development group, has announced revenue profit (profit before tax excluding results from joint venture and associated undertakings, valuation movements and one-off financing costs) of £7.1mn (compare
25-Mar-2011 09:59 AM

Terrace Hill lets more space at Maidenhead office scheme

Property development and investment company Terrace Hill Group plc has secured two new lettings at Quantum, its Maidenhead office scheme, generating additional annualised income of more than £0.485m. The lettings total about 19,000 sq ft, comprising the
08-Dec-2010 09:07 AM

Terrace Hill EPRA NAV rises 7.2%

Property developer and investor Terrace Hill Group plc reported a pre-tax profit of £8.4m for the 11 months to September 30, compared with a loss of £26.7m for the year to end-October 2009. EPRA net asset value per share rose 7.2% to 48.3p from 45.1p. R
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