31st Oct 2008 16:50
SMALLBONE plc
("Smallbone or "the Group")
Trading Update
Smallbone plc, the international supplier of luxury lifestyle brands, today announces that profits for the year ending 31 December 2008 are likely to be materially below current market expectations.
This arises from a combination of the challenging current trading environment and rationalisation costs being expensed in the year as a result of the acquisition of Christopher Peacock Cabinetry. The Directors are confident that the restructuring measures being implemented will enhance the Group's medium and long-term prosperity.
31 October 2008
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Enquiries: |
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COLLEGE HILL |
Tel: 020 7457 2020 / 07825 878 590 |
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Anna Czerny |
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