Brief: Leeds Group Sees FY Results Higher Than Last Year

Leeds

28/01/2019 07:35

Jan 28 (Reuters) - Leeds Group PLC  LDSG.L :
    * HY SALES OF £21.9 MILLION (2017: £22.2 MILLION)
    * MARKET CONDITIONS HAVE BEEN CHALLENGING WITH INCREASED
COMPETITION IN A REDUCED MARKET PLACE
    * HY PROFIT AFTER TAX OF £939,000 (2017: £404,000)
    * BOARD CONTINUES TO BELIEVE THAT RESULT FOR FULL YEAR WILL
BE AT
A HIGHER LEVEL TO LAST YEAR DESPITE CHALLENGING MARKET
CONDITIONS
    * GROUP HAVE IMPLEMENTED A NUMBER OF COST REDUCTION AND
EFFICIENCY
PLANS THROUGHOUT TO ENSURE COST BASES ARE REDUCED

Source text for Eikon:  ID:nRSb2006Oa 
Further company coverage:  LDSG.L 

 ((Reuters.Briefs@thomsonreuters.com;))