9 August 2016 – trading update
Since the trading update issued on 9 June the company has continued to make good progress. Like-for-like sales order intake increased by 14.8% for the 53 weeks ended 30 July 2016. Profits are therefore set to be in line with current market expectations. Debt facilities have been rearranged. The maturity of a committed £12m bank facility have been extended to October 2018 and renegotiated at a lower margin. Results for the 53 weeks ended 30 July 2016 are due out on 4 October 2016. Ahead of that announcement the shares are a BUY.