REG - TheWorks.co.uk PLC - Change to date of FY23 results announcement

Works co ukAnnouncement

14/07/2023 07:15

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RNS Number : 9967F  TheWorks.co.uk PLC  14 July 2023

14 July 2023

TheWorks.co.uk plc

("The Works", the "Company" or the "Group")

Change to date of FY23 preliminary results announcement

The Works, the family-friendly value retailer of arts and crafts, stationery,
toys and books, today issues an update regarding the timing of the publication
of its preliminary results for the 52 weeks ended 30 April 2023 (FY23). The
Group's auditor, KPMG LLP, has requested additional time to complete its
standard audit procedures. Consequently, the Group will now announce its
results on Wednesday 2 August 2023, delayed from the previously announced date
of Friday 21 July 2023.

The Group expects to report a pre IFRS 16 Adjusted EBITDA of £9.0 million,
in line with the expected outturn that was included in the Company's May 2023
trading update.

The Board is assured by KPMG LLP that the delay is caused by a requirement for
additional time to allow the completion of standard audit processes including
internal review and documentation.

 Enquiries:

 TheWorks.co.uk plc             via Sanctuary Counsel

 Gavin Peck        CEO

 Steve Alldridge  CFO

 Sanctuary Counsel

 Ben Ullmann                    0207 340 0395           theworks@sanctuarycounsel.com (mailto:theworks@sanctuarycounsel.com)

 Rachel Miller

 Kitty Ryder

 

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