AGM Statement

RNS Number : 9249L

Colefax Group PLC

11 September 2012

 



CFX

COLEFAX GROUP PLC

("Colefax" or "the Group")

AGM STATEMENT

Colefax will be holding its Annual General Meeting today and Alan Smith, Non Executive Director, will make the following comment on current trading,

"Since we announced our final results in July, trading conditions have remained generally difficult but broadly in line with expectations. In our core Fabric Division, overall sales for the four months to 31^st August 2012 are down 1% on a constant currency basis.  Sales in the US, which is our largest market, were up 6%, sales in the UK were down 8% and European sales were down 7%.

As the Group enters its important autumn selling season we remain cautious about the trading outlook especially in the UK and Europe."

Enquiries:

Colefax Group plc	David Green, Chairman	Tel: [phone]
	Robert Barker, Finance Director
Peel Hunt LLP              (NOMAD & Broker)	Dan Webster Matthew Armitt	Tel: [phone]
	Richard Brown
Biddicks	Katie Tzouliadis	Tel: [phone]
	Sophie McNulty

 

END

 

 

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