TIDMLMR 
 
RNS Number : 4759I 
Luminar Group Holdings PLC 
12 March 2010 
 

 
Luminar Group Holdings plc 
 
Pre-close Update for the year ended 25 February 2010 
 
Luminar Group Holdings plc ("Luminar", or "the Group"), announces its pre-close 
update for the year ended 25 February 2010. 
 
It is expected that full year profits (for the continuing business before 
exceptional items) will be in line with the Board's expectations. 
 
Trading during the last two months of the year continued to be severely affected 
by persistent poor weather across most of the UK.   For the financial year as a 
whole, same outlet sales were 9.9% below the previous year as a direct result of 
a reduction in customer numbers.  Sales per customer and gross margins have 
remained at similar levels to the previous year. 
 
The Group continues to trade within its debt covenants, and continues to 
generate cash to reduce borrowings.  Net borrowings at the year end were 
approximately GBP93m, a reduction of GBP49m in the year. 
 
A rigorous cost reduction exercise has now commenced across the business and is 
expected to lower operating costs significantly in the next financial year, 
whilst ensuring focus on key trading priorities. 
 
The appointment of Simon Douglas as CEO will help to bring focus to the clearly 
differentiated strategy of providing a higher quality proposition, with strong 
content, at reasonable prices.  We remain confident that this strategy will 
enable us to outperform competitors and maintain our market leading position. 
 
Full results for the year are expected to be announced on 13 May 2010. 
 
12 March 2010 
Enquiries: 
 
+------------------------------+------------------------------+ 
| Luminar Group Holdings plc   | Tel: 01908 544100            | 
+------------------------------+------------------------------+ 
| Alan Jackson, Chairman       |                              | 
+------------------------------+------------------------------+ 
| Robert McDonald, Finance     |                              | 
| Director                     |                              | 
+------------------------------+------------------------------+ 
|                              |                              | 
+------------------------------+------------------------------+ 
| College Hill                 | Tel: 020 7457 2020           | 
+------------------------------+------------------------------+ 
| Matthew Smallwood            |                              | 
+------------------------------+------------------------------+ 
| Jamie Ramsay                 |                              | 
+------------------------------+------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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