Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Trading Update

12th May 2010 07:00

RNS Number : 7398L
Flying Brands Limited
12 May 2010
 



 

12 May 2010

 

Flying Brands Limited

 

Trading Update

 

On 20 April 2010 Flying Brands had to adjourn its AGM in Jersey as a result of travel disruption caused by volcanic ash. The Company is holding its rescheduled AGM today, commencing at 9.30am in Jersey.

 

At the AGM Flying Brands will provide the following update on current trading for the period since the announcement of its Interim Management Statement on 20 April.

 

Since our Interim Management Statement released on 20 April sales in our Garden Division have traded ahead of last year and we expect this trend to continue for what little remains of our bedding plants sales season. The value of orders taken in the year to date to 7 May 2010 in the Garden Division was £10.3m (£10.5m for the same period in 2009). Web orders for the Garden Division continued to improve and increased from £2.1m for the period 7 May 2009 to £2.6m for the same period this year, representing 24.9% of total orders (2009: 20.3%).

 

Our other divisions have traded in line with expectations.

 

 

For further information, please contact:

 

Flying Brands Limited 01245 228 300

Stephen Cook, Chief Executive

Anthony Gee, Finance Director

 

Smithfield Consultants 020 7360 4900 John Kiely

 

Notes to editors

 

Jersey based Flying Brands Limited (LSE: FBDU) is a multi brand and multi channel home shopping specialist. Founded in 1981, it was admitted to the Official List of the London Stock Exchange in 1993. The Group operates the following divisions: 

·; Gifts (Flying Flowers, a leading home shopping florist and gift delivery service)

·; Garden (Gardening Direct, one of the UK's largest mail order bedding plants and gardening products operations; Garden Bird Supplies, a leading provider of food and accessories for birds and other wildlife)

·; Entertainment (Listen2, a leading mail order audio books, nostalgic music, DVD and video home shopping retailer; Benham, the first day cover, stamps, coins and collectables specialist)

More information can be found at: www.flyingbrands.com

 

 

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

Related Shares:

IQ-AI
FTSE 100 Latest
Value8,474.74
Change-133.74