Card Factory PLC Trading Statement (4275I)
August 07 2023 - 1:00AM
UK Regulatory
TIDMCARD
RNS Number : 4275I
Card Factory PLC
07 August 2023
The information contained within this announcement is deemed to
constitute inside information.
7 August 2023
Card Factory plc
("cardfactory" or "Company")
Trading Update
cardfactory, the UK's leading specialist retailer of greeting
cards, gifts and celebration essentials, announces a trading update
following the close of the first half to 31 July 2023.
The positive start to the financial period, highlighted at the
preliminary results, has continued. Trading in the first six months
was materially ahead of the Board's expectations.
The macro backdrop continues to be uncertain, and there is still
much to be delivered over the remainder of the year. Nevertheless,
given the strength of the performance in the first half, together
with our current outlook for the second half, the Board now expects
the full year outturn to be materially ahead of its' previous
expectations.
Enquiries
Card Factory plc via Teneo (below)
Darcy Willson-Rymer, Chief Executive Officer
Matthias Seeger, Chief Financial Officer
Teneo +44 (0) 207 353 4200
James Macey White / Jo Blackshaw cardfactory@teneo.com
This announcement contains certain forward-looking statements
with respect to the financial condition, results of operations, and
businesses of Card Factory plc. These statements and forecasts
involve risk, uncertainty and assumptions because they relate to
events and depend upon circumstances that will occur in the future.
There are a number of factors that could cause actual results or
developments to differ materially from those expressed or implied
by these forward-looking statements. These forward-looking
statements are made only as at the date of this announcement.
Nothing in this announcement should be construed as a profit
forecast. Except as required by law, Card Factory plc has no
obligation to update the forward-looking statements or to correct
any inaccuracies therein.
The person responsible for arranging the release of this
announcement on behalf of the Company is Ciaran Stone, General
Counsel & Company Secretary.
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END
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