30th Jul 2020 18:01
United Carpets Group PLC - Yorkshire-based carpets and floor coverings retailer - For year to the end of March, swings to pretax loss of GBP745,000 from profit of GBP276,000 the year before. Although revenue increased by 19% to GBP28.6 million from GBP24.0 million, like-for-like sales decreased by 4.3%. Anticipates no dividend payment due to uncertain economic environment. However, for the nine weeks since reopening, like-for-like sales described as "positive and encouraging".
Current stock price: 2.79 pence
Year-to-date change: down 53%
By Dayo Laniyan; [email protected]
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