John Lewis Of Hungerford PLC AGM Statement (1027G)
February 27 2018 - 7:00AM
UK Regulatory
TIDMJLH
RNS Number : 1027G
John Lewis Of Hungerford PLC
27 February 2018
John Lewis of Hungerford plc
27 February 2018
AGM Statement
John Lewis of Hungerford plc (AIM: JLH), the manufacturer,
designer and retailer of fitted kitchens, kitchen furniture and
bedroom furniture, will hold its Annual General Meeting at 2pm
today at Crowne Plaza London Kensington, 100 Cromwell Road, London,
SW7 4ER.
The Chairman, Gary O'Brien, will provide shareholders with the
following update:
As stated in our Annual Report, due to a higher than usual level
of building projects completing in the early Autumn, sales for the
first half of the current financial year are expected to perform
ahead of the previous year by approximately 11%. Our current sales
and order book stand at GBP4.6m (2017: GBP4.3m) with a similar
forward order book of GBP1.5m. (2017: GBP1.5m)
We remain cautious in this increasingly difficult economic
climate and are working hard to ensure the business continues to
show growth year on year. We are still anticipating a loss in the
first half year, in line with our expectations, due to the
seasonality of the business, although it should show an improvement
over last year.
The AGM will be followed by a shareholder presentation. No new
material information will be disclosed and a copy of the
presentation will be made available on the Company's website
www.john-lewis.co.uk.
Enquiries:
John Lewis of Hungerford plc 01235 774300
Gary O'Brien, Chairman
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
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