3rd Oct 2007 07:00
Carluccio's PLC03 October 2007 3rd October 2007 Carluccio's PLC Pre-close trading update Carluccio's PLC (the "Company"), the leading UK based group of authentic Italianrestaurants with integrated food shops, announces an update on trading prior toentering its close period, ahead of the announcement of its preliminary resultsfor the 52 weeks ended 23rd September 2007. The Board is pleased to report further progress since the announcement of itsinterim results in May 2007. The Company's stores continued to perform well during the year. Turnover for theyear grew by 18% over the prior year. Profit before taxation for the same periodis expected to be slightly ahead of the Board's expectations. Six new Carluccio's were opened in the year, exceeding the Company's target of aminimum of five. The new openings were in: The Brunswick, London WC1 (October2006); Spitalfields, London E1 (December 2006); The Trafford Centre, Manchester(March 2007); Walton, Surrey (May 2007); a concession in Bentalls, Kingston(June 2007) and the opening of a flagship store in Covent Garden, Garrick StreetWC2 (August 2007). The Company currently trades from 32 locations. The Company is making good progress with its 2008 site pipeline. It is currentlyin the process of fitting out two new stores: one in Stratford upon Avon and asecond in Central Manchester. Both stores will open before Christmas 2007. Inaddition, the Company has secured two further sites. The first at HeathrowTerminal 5 has already been announced and will open in Spring 2008; the secondis the prime restaurant location in a major city centre redevelopment inLeicester. The Company is currently on track to meet its annual openingprogramme of a minimum of 5 sites. The Company's preliminary results will be announced on 4th December 2007. -ENDS- For further information please contact: Carluccio's PLC Hogarth Partnership LimitedSimon Kossoff, Managing Director Andrew JaquesFrank Bandura, Finance Director Fiona Noblet Sarah Richardson Tel : 020 7580 3050 Tel : 020 7357 9477 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Carluccios