Colefax Group plc

CFX

11 September 2012

 

 

COLEFAX GROUP PLC

 

(“Colefax” or “the Group”)

 

AGM STATEMENT

 

Colefax will be holding its Annual General Meeting today and Alan Smith, Non Executive Director, will make the following comment on current trading,

 

“Since we announced our final results in July, trading conditions have remained generally difficult but broadly in line with expectations. In our core Fabric Division, overall sales for the four months to 31st August 2012 are down 1% on a constant currency basis.  Sales in the US, which is our largest market, were up 6%, sales in the UK were down 8% and European sales were down 7%.

 

As the Group enters its important autumn selling season we remain cautious about the trading outlook especially in the UK and Europe.”

 

 

Enquiries:

 

Colefax Group plc    

David Green, Chairman   

Tel: 020 3178 6378

 

Robert Barker, Finance Director

 

 

 

 

Peel Hunt LLP                            

(NOMAD & Broker)  

Dan Webster

Matthew Armitt            

Tel: 020 7418 8900

 

Richard Brown

 

 

 

 

Biddicks

Katie Tzouliadis       

Tel: 020 3178 6378

 

Sophie McNulty

 

 

                                                   

<< back