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Notice of Results & Trading Update

15th Aug 2017 13:30

RNS Number : 0510O
Ashley (Laura) Hldgs PLC
15 August 2017
 

 

 

 

15 August 2017

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) no 596/2014.

 

 

Laura Ashley Holdings plc (the "Company")

 

Notice of Results & Trading Update

 

The Company will announce its full year results for the 52 weeks to 30 June 2017 on 23 August 2017.

 

The results will show an exceptional £2.8m impairment charge due to the revaluation of a freehold property owned by the Group. In addition, and as previously disclosed, trading conditions have continued to be demanding. The Board of the Company therefore expect net pre-tax profits for the year ended 30 June 2017 will now be materially below market expectations.

 

 

Enquiries:

 

KC Ng / Seán Anglim

Laura Ashley

020 7880 5100

Anita Scott / Helen Smith

Brunswick

020 7404 5959

Mark Milmo / Catherine Leftley

Cantor Fitzgerald Europe

020 7894 7602

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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