Card Factory Share Price Could Double on Normalized FCF Levels, Panmure Liberum Says -- Market Talk
Dow Jones
Apr 28
1049 GMT - Card Factory's earnings were modestly ahead of forecast but still cap an underwhelming year, Panmure Liberum analysts write. Store sales were down 0.2% year-on-year and adjusted pretax profit fell 15%. Despite this, the card and gift retailer delivered near 100% free cash flow conversion, increased the dividend by 4.2% and launched a 15 million pound share buyback program. "On normalized FCF levels and with some growth, shares could potentially more than double from here but a lot remains to be proved," the analysts say. Shares trade unchanged at 66.30 pence. (julia.nasser@wsj.com)
(END) Dow Jones Newswires
April 28, 2026 06:50 ET (10:50 GMT)
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