Wallcoverings and furnishings brands owner Colefax (LON:CFX) reported a one-fifth decrease in interim profit and this has led to downgrades for the full year. Even so, the dividend is still expected to be increased and Colefax has a strong base that will enable it to weather the uncertainty of the next couple of years.
Brands include Colefax and Fowler, Jane Churchill, Cowtan & Tout, Manuel Canovas and Larsen.
The medium-term outlook does not offer much hope of improvement. There are n...
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