Wetherspoon (JD) PLC
19 July 2006
JD WETHERSPOON PLC
Press Release
19 July 2006
Pre Year-End Trading Update
Current trading
For the first 12 weeks (to 16 July 2006) of the final quarter, like-for-like
sales increased by 5.1%, helped by good weather, resulting in a year to date (51
weeks) like-for-like sales increase of 2.0%. Total company sales increased by
5% to £197.5 million for the period and by 2.3% to £813.1 million for the year
to date.
Property
We expect to open 9 pubs in the current financial year, with a slightly
increased number likely next year.
Non-smoking pubs
As highlighted in our third quarter update on the 26 April 2006, our non-smoking
pubs in Scotland had a positive start with like-for-like sales in the first
month (April) of 3.2%. The following 12 weeks have seen a like-for-like sales
decline of 0.3%.
Outlook
Based on the current strong sales performance, the company currently expects the
outcome for the year to 30 July 2006 to be towards the top end of market
expectations.
The company currently intends to announce its preliminary results covering the
53 weeks to 30 July on 8 September 2006.
Enquiries:
John Hutson Chief Executive 01923 477777
Jim Clarke Finance Director 01923 477777
Eddie Gershon Company Spokesman 0208 352 5012/
07956 392234
Visit our web site at www.jdwetherspoon.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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