TIDMJLH

RNS Number : 1741N

John Lewis Of Hungerford PLC

27 January 2016

John Lewis of Hungerford plc

AGM Statement

At the Company's AGM to be held at 2.30 pm today the Chairman of the meeting will make the following statement:

"Sales for the first half of the current financial year are expected to be broadly in line with the corresponding period last year at GBP3.6m. Commissioning deposits for the year stand at GBP1.3m compared to GBP0.8m at the same point last year. Given the strong conversion of the forward order book into reported sales it is necessary to take both measures into account in assessing year-on-year sales trends. Nevertheless in light of the slower than anticipated sales growth the Board is currently reviewing its investment programme and an update will be provided with the interim results to 28 February 2016."

The AGM will be followed by a shareholder Q&A although no new material information will be made available.

 
 Enquiries: 
 
 John Lewis of Hungerford plc                    01235 774300 
 Jon Rosby, Managing Director 
 
                                                 0117 376 
 Smith & Williamson Corporate Finance Limited     2213 
 Martyn Fraser 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGMSESFFWFMSELF

(END) Dow Jones Newswires

January 27, 2016 07:00 ET (12:00 GMT)

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