RNS Number:1260Q
Carpetright PLC
16 August 2005


16 August 2005


                                Carpetright plc
                                AGM Statement


At Carpetright's Annual General Meeting today Lord Harris, the Chairman and
Chief Executive will make the following comments to shareholders about trading
for the first 15 weeks of the financial year ending 29 April 2006.


"Trading in our UK and Republic of Ireland business has remained difficult due
to a weak consumer environment combined with strong comparatives from last year,
as we have highlighted previously.  Total sales for the first 15 weeks decreased
by 7.3%, with like for like sales down by 7.5%. The net 0.2% difference is from
additional Carpetright space of 2.3% offset by a 2.1% decrease arising from the
closure of the Allders concessions."


"Our business in Belgium and The Netherlands continues to make good progress
with total product sales in local currency increasing by 6.3%. Gross margin has
shown further improvement on last year."


"In this tough trading environment Carpetright has continued to take market
share in all the countries in which it trades."


The next update on trading will be provided on 25 October 2005 with a pre close
statement. The first half closes on 29 October 2005.


For further enquiries please contact


Carpetright plc
Lord Harris, Chairman                        Tel: 01708 525522


Citigate Dewe Rogerson
Patrick Toyne Sewell                          Tel: 07767 498 195






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

AGMGUUMGRUPAGMA

Carpetright (LSE:CPR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Carpetright Charts.
Carpetright (LSE:CPR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Carpetright Charts.