REG - John Lewis Of Hunger - AGM Statement <Origin Href="QuoteRef">JLH.L</Origin>

John Lewis of HungerfordAnnouncement

27/01/2016 12:00

RNS Number : 1741N
John Lewis Of Hungerford PLC
27 January 2016
John Lewis of Hungerford plc
AGM Statement
At the Company's AGM to be held at 2.30 pm today the Chairman of the meeting will make the following statement:
"Sales for the first half of the current financial year are expected to be broadly in line with the corresponding period last year at 3.6m. Commissioning deposits for the year stand at 1.3m compared to 0.8m at the same point last year. Given the strong conversion of the forward order book into reported sales it is necessary to take both measures into account in assessing year-on-year sales trends. Nevertheless in light of the slower than anticipated sales growth the Board is currently reviewing its investment programme and an update will be provided with the interim results to 28 February 2016."
The AGM will be followed by a shareholder Q&A although no new material information will be made available.
Enquiries:
John Lewis of Hungerford plc
01235 774300
Jon Rosby, Managing Director
Smith & Williamson Corporate Finance Limited
0117 376 2213
Martyn Fraser

This information is provided by RNS
The company news service from the London Stock Exchange
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