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CFX Colefax Group Plc

805.00
0.00 (0.00%)
24 Apr 2024 - Closed
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% 805.00 770.00 840.00 805.00 805.00 805.00 800 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 (0679B)

29/09/2022 7:00am

UK Regulatory


Colefax (LSE:CFX)
Historical Stock Chart


From Apr 2022 to Apr 2024

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TIDMCFX

RNS Number : 0679B

Colefax Group PLC

29 September 2022

AIM: CFX

COLEFAX GROUP PLC

("Colefax" or "the Group")

AGM STATEMENT

Colefax will hold its Annual General Meeting at 11.00am this morning and David Green, Chief Executive, will make the following comment on current trading:

"Since we announced our full year results on 17 August, trading conditions have remained in line with our expectations.

"In the Group's core Fabric Division constant currency sales for the 21 weeks to 23 September 2022 were up by 1% in the US and flat in the UK. The US is our largest market accounting for over 65% of Fabric Division sales and the UK is our second largest market accounting for 17% of Fabric Division sales.

"We have just entered our important autumn selling season and as previously reported we are expecting trading conditions to become more challenging in the second half of the year. This is primarily due to a slowdown in housing transactions in the US and the UK. The Group is well placed to deal with these market conditions."

Enquiries:

 
 Colefax Group plc     David Green, Chief    Tel: 020 7318 6000 
                        Executive 
                       Rob Barker, Finance 
                        Director 
 KTZ Communications    Katie Tzouliadis      Tel: 020 3178 6378 
                        Dan Mahoney 
 Peel Hunt LLP         Adrian Trimmings      Tel: 020 7418 8900 
  (Nominated Advisor    Andrew Clark 
  And Broker) 
 

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END

AGMLPMFTMTATBIT

(END) Dow Jones Newswires

September 29, 2022 02:00 ET (06:00 GMT)

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