Brief: John Lewis Of Hungerford Says Co Expects To Report A Loss For Year Ended 30 June 2019
07/05/2019 08:30
May 7 (Reuters) - John Lewis of Hungerford PLC JLH.L :
* TRADING UPDATE
* HAVE EXPERIENCED A SLOW-DOWN IN CONVERTING DEPOSITS TAKEN
INTO
FULL ORDERS
* REMAIN CONFIDENT BUSINESS CONTINUES TO TRADE POSITIVELY
* SALES FOR H2 EXPECTED TO BE ABOUT 10% AHEAD OF PRIOR YEAR,
ALTHOUGH LOWER THAN EXPECTATIONS BY APPROXIMATELY £400,000
* NO LONGER EXPECTS TO RECOVER MUCH OF LOSS REPORTED FOR SIX
MONTHS ENDED 31 DECEMBER 2018
* PREVAILING MARKET CONDITIONS IMPACTING CUSTOMER
CONFIDENCE,
WHICH REMAIN AFFECTED BY BREXIT UNCERTAINTY
* EXPECTS TO REPORT A LOSS FOR YEAR ENDED 30 JUNE 2019
Source text for Eikon: ID:nRSG1936Ya
Further company coverage: JLH.L
((Reuters.Briefs@thomsonreuters.com;))