Next PLC
16 May 2002
Date: Immediate release: Thursday 16 May 2002
Contacts: David Jones
Simon Wolfson, Chief Executive
Next plc
Tel: 0116 286 6411
Alistair Mackinnon-Musson
Philip Dennis
Hudson Sandler
Tel: 020 7796 4133
Email: next@hspr.co.uk
NEXT PLC
Annual General Meeting Trading Statement
In the first fifteen weeks of this financial year NEXT Retail sales are 17%
ahead of the previous year. Like-for-like sales in the 263 stores that have
been trading continuously for at least one year are 5% ahead.
NEXT Directory sales for the first fifteen weeks are 28% ahead of the previous
year.
Taken together, sales for the NEXT Brand are 20% ahead of last year.
At the end of today's Annual General Meeting, I shall retire as Chairman after
four very happy and stimulating years. I am delighted that David Jones, at
present Deputy Chairman and formerly Chief Executive, has agreed to succeed me.
The combination of David as Chairman and Simon Wolfson as Chief Executive will
be hard to beat and I have every confidence in the future of the company.
Sir Brian Pitman
Chairman
16 May 2002
- Ends -
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.