30th Aug 2023 08:47
Superdry PLC - Cheltenham, Gloucestershire-headquartered clothing retailer - Shares are suspended from trading on the London Main Market on Wednesday, after it misses a Tuesday deadline for publishing its results for the financial year that ended in April. Says it is working with auditor RSM UK Audit LLP to complete "the final technical points" of the audit of the results, and the delay is the result of "normal procedures taking longer than anticipated" in RSM's first year as its auditor. Expect to announce the results later this week.
In the first half of the financial year, the six months ended October 29, Superdry swung to a pretax loss of GBP17.7 million from a profit of GBP4.0 million a year before, as revenue inched up by 3.6% to GBP287.2 million from GBP277.2 million.
Stock price on Tuesday: 56.10 pence
12-month change: down 56%
By Tom Waite, Alliance News editor
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