Company

SAFESTORE HOLDINGS PLC (SAFE)

Blog posts

Dunelm Results and Pay at Safestore

The views expressed in this article are those of its author and not necessarily those of ShareSoc. Dunelm (DNLM) published their preliminary results this morning (14/9/2022) – I no longer hold them. They were surprisingly good bearing in mind they are a homeware retailer – sales up 16% and EPS up 30%. Clearly the anticipated vulnerability to rising inflation and consumers being hit by a recession has not yet come to pass although forecasts for next year are lower. They say trading in ...

Safestore and Fundsmith AGMs

Today I attended the Annual General Meeting of Safestore Holdings Plc (SAFE) in Borehamwood. Their head office is next to one of their self-storage units. They now have 146 stores with a concentration in London/South-East England, and in major UK cities, plus some in Paris. The Chairman, Alan Lewis, commenced the meeting with a very brief statement. He said 2018 was a good year with good strategic progress. He is confident value creation will continue. Note that Mr Lewis is stepping down ...

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