Colefax Group PLC (CFX) Announcements



Colefax Group PLC
07 May 2009


Colefax Group plc

CFX


COLEFAX GROUP PLC

("the Group")


Trading Update


At the time of our interim results in January 2009, we indicated that the outlook was tough, with limited visibility in terms of forecasting
the level of sales. Since then, trading in our major market, the USA, which represents approximately 50% of fabric division sales, has been
more challenging than we anticipated. US sales for the three months to 30 April 2009 are down by 32% compared to the same period in the
previous year. The Group has taken action to reduce its cost base and as a result, pre-tax profits for the year ended 30 April 2009 will be
in the region of 2.6 million after charging redundancy costs of approximately 800,000.




Enquiries:

Colefax Group plc				David B Green		Tel 020 7318 6021

Biddicks					Zoe Biddick/Sophie Lane	Tel 020 7448 1000

KBC Peel Hunt (Nominated Adviser And Broker)	David Anderson		Tel 020 7418 8900


        


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