Ashley (Laura) Hldgs PLC Notice of Results & Trading Update (0510O)

TIDMALY

RNS Number : 0510O

Ashley (Laura) Hldgs PLC

15 August 2017

15 August 2017

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) no 596/2014.

Laura Ashley Holdings plc (the "Company")

Notice of Results & Trading Update

The Company will announce its full year results for the 52 weeks to 30 June 2017 on 23 August 2017.

The results will show an exceptional GBP2.8m impairment charge due to the revaluation of a freehold property owned by the Group. In addition, and as previously disclosed, trading conditions have continued to be demanding. The Board of the Company therefore expect net pre-tax profits for the year ended 30 June 2017 will now be materially below market expectations.

Enquiries:

 
 KC Ng / Seán                                 020 7880 
  Anglim                     Laura Ashley           5100 
 Anita Scott / Helen                               020 7404 
  Smith                      Brunswick              5959 
 Mark Milmo / Catherine      Cantor Fitzgerald     020 7894 
  Leftley                     Europe                7602 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 15, 2017 08:30 ET (12:30 GMT)