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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lambert Hwth. | LSE:LMBT | London | Ordinary Share | GB0005017966 | 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% | 18.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Lambert Howarth Group plc ("Lambert Howarth" or "the Company") Trading Statement Further to the announcement made by the Company on 2 June 2006, the Board confirms that the retail market has not improved and adverse trading conditions persist. Sales levels across the Group in the first half of the financial year have been significantly lower than expected. On the assumption that these will not recover in the second half, the Board now expects that the Company will report a loss for the current financial year. The Company's new Chief Executive, Pamela Harper, is implementing a number of initiatives to materially improve sales and also to reduce costs. The benefits of these initiatives are expected to flow through in 2007. The Board expects to announce unaudited results for the six months ended 30 June 2006 in early September and will provide a further update as to the likely year end outturn in that announcement. 19 July 2006 Enquiries to: Lambert Howarth Group p.l.c. 020 7258 9988 Pamela Harper, Chief Executive John Gibson, Group Finance Director END
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