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John Lewis Of Hunger (JLH)

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Wednesday 13 September, 2017

John Lewis Of Hunger

Trading Update

RNS Number : 5581Q
John Lewis Of Hungerford PLC
13 September 2017
 

John Lewis of Hungerford plc

 

Trading Update

 

The Board of John Lewis of Hungerford plc (AIM:JLH) provides an update on trading for its financial year ended 31 August 2017.

Our performance in the second half year, traditionally our stronger trading period, was in line with expectations announced in May.  Based on unaudited management information, we expect to report sales for the full year of £8.2 million (2016: £8.2 million) and a small operating profit.  As previously announced, in the prior year we took the decision to close our showrooms in Tunbridge Wells and Harrogate.  Both ceased trading by 31 December 2016 and, after adjusting for the effect of these closures, the underlying sales growth for the year is around 4%.

The Board has separately announced today the appointment of James Barnard as a new non-executive director.

 

Enquiries:




John Lewis of Hungerford plc

01235 774300

Gary O'Brien, Chairman




Smith & Williamson Corporate Finance Limited


Martyn Fraser

0117 376 2213

Katy Birkin

0207 131 4000

 

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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