REG - Fletcher King PLC - Trading Update

Fletcher KingAnnouncement

24/05/2019 12:10

RNS Number : 1622A
Fletcher King PLC
24 May 2019
 


FLETCHER KING PLC
TRADING UPDATE
 
Fletcher King plc (the "Company") announces that its turnover and profit before tax for the year ending 30 April 2019 are likely to be similar to that of the previous year.
Looking forward, the unprecedented political and Brexit uncertainties continue to severely impact lettings and sales in the UK property market in which the Company operates. As a result, it is increasingly difficult to assess the likely volume of our transactional business and thus our level of profitability.
However we believe our strong balance sheet and lack of debt is important in maintaining the Company's stability in challenging times.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
 
 
Enquiries
 
Fletcher King plc
David Fletcher
Tel: 0207 493 8400
 
Cairn Financial Advisers LLP
James Caithie / Tony Rawlinson
Tel: 020 7213 0880
 




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