AGM Statement

RNS Number : 0194W

John Lewis Of Hungerford PLC

23 January 2012

 



JOHN LEWIS OF HUNGERFORD PLC

AGM STATEMENT

At today's Annual General Meeting (AGM) the Chairman, Malcolm Hepworth will make the following statement:

"As envisaged in my statement accompanying our recent financial results we continued to experience challenging trading conditions over the Christmas period with a significant reduction in like-for-like sales.  There are signs within our forward order book that this may be beginning to improve but nevertheless we expect to be operating in a difficult trading environment for the foreseeable future and we have therefore taken steps to realign our cost base.

The Board is confident that the strategy it has adopted in recent years means the business is well positioned to capitalise when consumer confidence does return."

Enquiries:
John Lewis of Hungerford plc	01235 774300
Jon Rosby, Managing Director
Smith & Williamson Corporate Finance Limited	0117 376 2213
Martyn Fraser

 

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