14 May 2024 - trading update
The electrical retailing group has released a trading update for the year ending 27 April with sales increasing once again towards the year end. Although like-for-like group sales fell by 3% over the previous year during the peak trading period (defined as the 10 weeks to 6 January 2024), since then they have increased by 2% over last year. The group has therefore increased its forecast for adjusted pre-tax profits (excluding the Greek operations which have been sold) to be between £115- £120m from previous expectations of £105m. Net cash at the . . .
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