Ideal Shopping Direct PLC
06 January 2006
Ideal Shopping Direct Plc ("the Company")
6 January 2006
Trading Update
The Board of Ideal Shopping Direct is pleased to report that trading in the peak
period running up to Christmas has been satisfactory, with sales for the months
of November and December up by 20% on the equivalent period of 2004. Sales for
the second half in total have risen by more than 15% year on year.
With the full picture of sales for the year to December 31st 2005 now clear, the
Board expects that profits before tax for the year will meet market estimates
and will be in excess of £7.0 million, a record for the company.
Final results for the 2005 year will be reported on March 9th 2006.
Jim Hodkinson, Chairman, commented:
"As we reported at our interims in September, we expected the market to become
tougher in the second half. Despite this, I am delighted to be able to report
another strong second half trading performance.
The business has continued to make good progress over the last year,
particularly as our Freeview sales have been like-for-like since May. This
reflects a strengthened management team and the continuing success of our
multi-channel strategy. We have also invested in the launch of Jewellery Vault
and in preparations for a major systems upgrade. I am confident that we now have
a strong platform for further progress in 2006."
Enquiries:
Ideal Shopping Direct Plc Tel: 08700 780 704
Jim Hodkinson, Chairman
ReputationInc Tel: 020 7758 2800
Tom Wyatt
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.