12th Dec 2006 11:22
Debenhams plc12 December 2006 AGM STATEMENT Debenhams today held its Annual General Meeting for the financial year ended 2September 2006. In relation to current trading John Lovering, Chairman, said: On 24 October when Debenhams announced its Preliminary Results for the financialyear ended 2 September 2006 total sales growth for the first seven weeks of thecurrent year to 21 October was +7.0% and like-for-like sales stood at -4.2%.Since that time trading has remained difficult. Total cumulative sales to the10 December 2006 are up by 5.7% compared with the comparable period last yearwith like-for-like sales down -4.7% for the same period. The remaining weeksof December and the early January period are some of the biggest of the year andas such can have a significant impact on underlying sales growth. We will beupdating the market next with our Christmas and January trading statement on 16January 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Debenhams