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IN BRIEF: United Carpets Sees Encouraging Trading After Reopening

25th Jun 2020 14:56

United Carpets Group PLC - Yorkshire-based carpets and floor coverings retailer - Store network now fully re-open and early trading indications have been encouraging and appear to reflect some initial pent up demand. Losses during the period of enforced store closures mitigated as far as possible. Confident of meeting financial commitments and has sufficient funds to continue the recovery of the business over the coming months. Changes accounting reference date to September 30 from March 31.

Current stock price: 3.44 pence

Year-to-date change: down 44%

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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