14th Jan 2008 07:01
Theo Fennell PLC14 January 2008 14 January 2008 Theo Fennell Plc. Christmas Trading Statement Theo Fennell Plc today announces a Christmas trading update. The Company has performed well in the current climate. December sales were 2%ahead of last year's record Christmas. The Company has a strong cash position and expects the next months to progresswell. Consequently, the Group expects pre-tax profit, before exceptional costsrelating to the recent Board changes of approximately £500,000, to be in linewith market expectations. Richard Northcott, chairman of Theo Fennell Plc, commented: "Following last year's record Christmas these results are a little moremeasured, but against the current climate, impressive, none-the-less. We have successfully achieved three years of growth in mixed market conditionsand have already taken important steps towards developing into an internationalluxury brand. The recent appointment of Pamela Harper as Chief Executive waskey to enable the business to achieve this. We believe in the significantpotential for the future growth of the business and we look forward to ourcontinued expansion in the year ahead." Enquiries: Theo Fennell Plc Tel: 020 7591 5000Richard Northcott / Pamela Harper Pelham PR Tel: 020 7743 6678 James Henderson Mobile: 07774 444 163Kate Catchpole Mobile: 07803 033 431 Seymour Pierce Limited Tel: 020 7107 8000Mark Percy This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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