Wetherspoon (JD) PLC
25 April 2006
JD WETHERSPOON PLC
Press Release
26 April 2006
THIRD QUARTER TRADING UPDATE
Current Trading
Like-for-like sales in the thirteen weeks ended 23 April 2006 increased by 3.2%
compared to a decline of 2% in the equivalent period a year ago. Total sales
increased by 3.1% to £209.3 million. The improved operating margin performance
achieved in the first half has broadly continued into Q3.
Non-Smoking Pubs
Since 26 March 2006 our non-smoking pubs in Scotland have had a positive start,
helped by a heavy marketing campaign and Easter occurring in April compared to
March last year. Given the very short time period involved and what occurred in
Ireland following its smoking ban (an initial increase followed by a downturn in
trade), we continue to adopt a cautious approach to the potential impact of
non-smoking in Scotland.
Outlook
The company has had a good Q3 trading period, although the forthcoming football
world cup adds a degree of uncertainty with regard to the possible Q4 outcome.
We remain confident of our long-term prospects.
We expect to announce our full results in the early part of 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 LGVZM
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