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

John Lewis of HungerfordAnnouncement

18/05/2017 12:05

RNS Number : 5574F
John Lewis Of Hungerford PLC
18 May 2017
John Lewis of Hungerford plc
Trading Update
The Board of John Lewis of Hungerford plc (AIM:JLH) provides the following update on current trading ahead of its Investor Meeting this afternoon.
Sales for the third quarter ended 31st May 2017 are expected to be around 1.96 million (2016: 1.86 million) around 5% higher than the previous year. The forward order book remains comparable with last year at 1.5m (2016: 1.5m).
As stated in our Interim Results, the second half year is traditionally our stronger trading period and we remain cautiously optimistic that we will achieve sales results broadly in line with the previous year, with two closed stores and a reduced cost base. However, our business remains sensitive to the prevailing market conditions and as such, uncertainty around the election and the Brexit negotiations could still affect consumer confidence. The board continues to monitor the situation closely.
Enquiries:



John Lewis of Hungerford plc
01235 774300
Gary O'Brien, Chairman



Smith & Williamson Corporate Finance Limited

Martyn Fraser
0117 376 2213
Katy Birkin
0207 131 4000
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

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