Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  J Sainsbury plc    SBRY   GB00B019KW72

J SAINSBURY PLC

(SBRY)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Travelex shuts UK forex bureaus on virus fears, starts funding talks

share with twitter share with LinkedIn share with facebook
03/27/2020 | 06:39am EDT
Signage is seen above a Travelex ATM at Manchester Airport in Manchester

Foreign exchange company Travelex said on Friday it was shutting its UK bureaus for about eight weeks or more due to the coronavirus pandemic and that it was in talks with its stakeholders for continued access to funds.

The company, owned by UK-listed Finablr, said it was also in the process of creating an independent board to avoid any overlap with its troubled parent and allay shareholder concerns.

Travelex provides forex services for customers of HSBC, Barclays, Virgin Money and the banking arms of British retailers Tesco and Sainsbury through its automated order placement service.

The company was also a target of a ransomware attack in late December and had estimated a hit of 25 million pounds ($30.54 million) to its first-quarter underlying core earnings.

However, it was planning to offset some of the hit with a claim under its cyber-insurance policy.

"The timing of EBITDA recognition and receipt of the insurance recovery is yet to be determined," the company said. "The outbreak of COVID 19 ... is likely to worsen the position."

The company also said it was unlikely to provide its annual financial statements by the April 30 deadline imposed by the terms of senior secured notes and the revolving credit facility.

It plans to use the grace period to seek waiver or other arrangements from its lenders and noteholders.

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Shounak Dasgupta and Anil D'Silva)

Stocks mentioned in the article
ChangeLast1st jan.
ACCESS CO., LTD. -1.49% 926 End-of-day quote.-3.04%
BARCLAYS PLC 5.18% 117.76 Delayed Quote.-34.45%
FINABLR PLC -5.20% 11.025 Delayed Quote.-93.53%
HSBC HOLDINGS PLC 1.13% 377.8 Delayed Quote.-36.17%
J SAINSBURY PLC 3.39% 193.75 Delayed Quote.-15.72%
SEEK LIMITED -0.70% 21.42 End-of-day quote.-5.01%
TESCO PLC 1.51% 214.8 Delayed Quote.-15.83%
THE NEW HOME COMPANY INC. 2.16% 3.31 Delayed Quote.-28.97%
VIRGIN MONEY UK PLC 4.19% 92.9 Delayed Quote.-50.73%
share with twitter share with LinkedIn share with facebook
Latest news on J SAINSBURY PLC
07/10J SAINSBURY : An update from our Chief Executive, Simon Roberts
PU
07/06Thailand says monkey labour 'almost non-existent' after UK shop ban
RE
07/03PM's fiancée urges more shops to ban coconut products from monkey labour
RE
07/02No apology required - Sainsbury's chairman defends former CEO's record
RE
07/02J SAINSBURY PLC : Proxy Statments
CO
07/01New Sainsbury's boss debuts with lockdown boosted sales rise
RE
07/01J SAINSBURY : First Quarter Trading Statement for the 16 weeks to 27 June 2020
PU
07/01J SAINSBURY : New Sainsbury's boss says focus is on crisis, not strategic thinki..
RE
07/01J SAINSBURY PLC : 1st quarter results
CO
06/30UK feared admonishing shoppers over panic-buying would make it worse - minist..
RE
More news
Financials
Sales 2021 28 685 M 36 197 M 36 197 M
Net income 2021 412 M 520 M 520 M
Net Debt 2021 6 533 M 8 244 M 8 244 M
P/E ratio 2021 11,5x
Yield 2021 5,32%
Capitalization 4 290 M 5 424 M 5 414 M
EV / Sales 2020
EV / Sales 2021 0,38x
Nbr of Employees 111 900
Free-Float 99,3%
Chart J SAINSBURY PLC
Duration : Period :
J Sainsbury plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends J SAINSBURY PLC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 230,94 GBX
Last Close Price 193,75 GBX
Spread / Highest target 44,5%
Spread / Average Target 19,2%
Spread / Lowest Target -9,68%
EPS Revisions
Managers
NameTitle
Simon John Roberts Chief Executive Officer & Director
Martin A. Scicluna Chairman
Kevin O'Byrne Chief Financial Officer & Director
Richard Philip Newsome Chief Technology Officer
Phil Jordan Group Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
J SAINSBURY PLC-15.72%5 424
WALMART INC.9.96%370 080
ALIMENTATION COUCHE-TARD INC.11.02%37 460
SEVEN & I HOLDINGS CO., LTD.-17.46%27 320
SM INVESTMENTS CORPORATION-9.88%22 895
AVENUE SUPERMARTS LIMITED26.33%20 012