25th Jul 2023 10:50
Brighton Pier Group PLC - London-based leisure and entertainment business that owns and trades the Brighton Palace Pier - Says the second quarter of the year has "proved more difficult", with sales behind 2022. Says this is due to a decline in disposable incomes and consumer confidence. Adds July trading has been impacted by poor weather, train strikes and a fire at a major hotel opposite the pier, which caused week-long disruptions to its business. Expects total sales for the six months ended June 25 to be around GBP16.2 million.
Current stock price: 41.88 pence, down 27% on Tuesday
12-month change: down 49%
By Sabrina Penty, Alliance News reporter
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