REG - Card Factory PLC - Trading Statement

Card FactoryAnnouncement

07/08/2023 07:00

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RNS Number : 4275I  Card Factory PLC  07 August 2023

The information contained within this announcement is deemed to constitute
inside information.

 

7 August 2023

Card Factory plc

("cardfactory" or "Company")

Trading Update

cardfactory, the UK's leading specialist retailer of greeting cards, gifts and
celebration essentials, announces a trading update following the close of the
first half to 31 July 2023.

The positive start to the financial period, highlighted at the preliminary
results, has continued. Trading in the first six months was materially ahead
of the Board's expectations.

The macro backdrop continues to be uncertain, and there is still much to be
delivered over the remainder of the year.  Nevertheless, given the strength
of the performance in the first half, together with our current outlook for
the second half, the Board now expects the full year outturn to be materially
ahead of its' previous expectations.

 

Enquiries

 

Card Factory
plc
via Teneo (below)

Darcy Willson-Rymer, Chief Executive Officer

Matthias Seeger, Chief Financial Officer

 

Teneo
 
+44 (0) 207 353 4200

James Macey White / Jo
Blackshaw
     cardfactory@teneo.com (mailto:cardfactory@tulchangroup.com)

 

 

This announcement contains certain forward-looking statements with respect to
the financial condition, results of operations, and businesses of Card Factory
plc.  These statements and forecasts involve risk, uncertainty and
assumptions because they relate to events and depend upon circumstances that
will occur in the future. There are a number of factors that could cause
actual results or developments to differ materially from those expressed or
implied by these forward-looking statements. These forward-looking statements
are made only as at the date of this announcement.  Nothing in this
announcement should be construed as a profit forecast.  Except as required by
law, Card Factory plc has no obligation to update the forward-looking
statements or to correct any inaccuracies therein.

The person responsible for arranging the release of this announcement on
behalf of the Company is Ciaran Stone, General Counsel & Company
Secretary.

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