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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Instore | LSE:INST | London | Ordinary Share | GB0001469930 | 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% | 4.68 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMINST The Board of Instore plc today provides the following update on trading, which constitutes the Company's Interim Management Statement issued in accordance with the Disclosure and Transparency Rules: As reported in the Company's Annual Report published on 30th June, the trading environment since the beginning of the financial year on 1st March 2009 has been challenging, due to both the underlying economic climate and an ever more competitive discount sector. While recent trading has to some extent been encouraging, with gardening and outdoor living ranges performing well as the UK has enjoyed good seasonal weather in the late spring and early summer months, margins have come under pressure as the Company strives to maintain its competitive edge. It is expected that such pressure on margins will continue over the coming months. In addition, although welcoming this recent positive sales trend, the Board does not regard this as indicative of a turnaround in the Company's overall situation and believes that it will be some time before the effectiveness of the actions taken to address fundamental issues within the business can be judged with reasonable certainty. For further information, please contact Ebrahim Suleman Group Finance Director 01484 431444 =--END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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