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CFX Colefax Group Plc

805.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Colefax Group Plc LSE:CFX London Ordinary Share GB0002090453 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 805.00 770.00 840.00 805.00 805.00 805.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fabricated Textile Pds, Nec 104.82M 6.69M 0.9239 8.71 58.26M

Colefax Group PLC AGM Statement (8760J)

15/09/2016 7:00am

UK Regulatory


Colefax (LSE:CFX)
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TIDMCFX

RNS Number : 8760J

Colefax Group PLC

15 September 2016

Colefax Group plc

CFX

15 September 2016

COLEFAX GROUP PLC

("Colefax" or "the Group")

AGM STATEMENT

Colefax will be holding its Annual General Meeting at 11am this morning and David Green, Chief Executive, will make the following comment on current trading.

"Since we announced our year end results in July, trading conditions have remained relatively challenging in all of our major markets. In our core Fabric Division, sales for the four months to 31 August are up by 4% in reported currency but down by 7% on a constant currency basis. Overall, this was broadly in line with expectations.

We have a significant capital expenditure programme this year with new US showrooms opening in Boston and Atlanta. We are also moving our Decorating Division to new premises on Pimlico Road, London SW1 and are optimistic about the trading prospects in this new location."

Enquiries:

 
 Colefax Group         David Green, Chief    Tel 020 7318 
  plc                   Executive             6021 
                       Rob Barker, Finance 
                        Director 
 KTZ Communications    Katie Tzouliadis,     Tel 020 3178 
                        Viktoria Langley,     6378 
                        Emma Pearson 
 Peel Hunt LLP         Dan Webster, Adrian   Tel 020 7418 
  (Nominated Advisor    Trimmings, George     8900 
  And Broker)           Sellar 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGMLIMFTMBTBBRF

(END) Dow Jones Newswires

September 15, 2016 02:00 ET (06:00 GMT)

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