SCS SHARE­HOLD­ERS ARE SIT­TING PRETTY

Shares - - STORY IN NUMBERS -

BASED ON 43.2P per share of to­tal cash re­turns, this is the equiv­a­lent per­cent­age re­turn in­vestors have en­joyed from ScS (SCS) on its 175p IPO is­sue price since it re-listed on the stock ex­change in Jan­uary 2015. While the con­sumer back­drop is be­com­ing tougher for big ticket re­tail­ers, the ‘Sofa Car­pet Spe­cial­ist’, which went into ad­min­is­tra­tion in 2008, is prov­ing re­silient. Full year re­sults (3 Oct) re­vealed growth across all ar­eas of the group for the third year in a row, while strong cash gen­er­a­tion un­der­pinned a 1.4% to­tal div­i­dend hike to 14.7p. (JC)

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