John Lewis Of Hungerford PLC Trading Update (5574F)
May 18 2017 - 6:05AM
UK Regulatory
TIDMJLH
RNS Number : 5574F
John Lewis Of Hungerford PLC
18 May 2017
John Lewis of Hungerford plc
Trading Update
The Board of John Lewis of Hungerford plc (AIM:JLH) provides the
following update on current trading ahead of its Investor Meeting
this afternoon.
Sales for the third quarter ended 31(st) May 2017 are expected
to be around GBP1.96 million (2016: GBP1.86 million) around 5%
higher than the previous year. The forward order book remains
comparable with last year at GBP1.5m (2016: GBP1.5m).
As stated in our Interim Results, the second half year is
traditionally our stronger trading period and we remain cautiously
optimistic that we will achieve sales results broadly in line with
the previous year, with two closed stores and a reduced cost base.
However, our business remains sensitive to the prevailing market
conditions and as such, uncertainty around the election and the
Brexit negotiations could still affect consumer confidence. The
board continues to monitor the situation closely.
Enquiries:
John Lewis of Hungerford plc 01235 774300
Gary O'Brien, Chairman
Smith & Williamson Corporate Finance Limited
0117 376
Martyn Fraser 2213
0207 131
Katy Birkin 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
END
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