John Lewis Of Hungerford PLC AGM Statement (3878A)
21 Gennaio 2020 - 08:01AM
UK Regulatory
TIDMJLH
RNS Number : 3878A
John Lewis Of Hungerford PLC
21 January 2020
21 January 2020
John Lewis of Hungerford plc
(the "Company")
AGM Statement
John Lewis of Hungerford Plc (AIM: JLH), the specialist
manufacturer and retailer of kitchens, bedrooms and freestanding
furniture, will hold its Annual General Meeting at 2pm today at the
Mercure London Paddington, 144 Praed Street, Paddington, London W2
1HU.
The Chairman of the Meeting will provide the following trading
update:
Our despatched sales and forward orders (which we normally
consider to be the best measure of current trading) for the current
financial year stands at GBP4.2m (2019: GBP5.1m). Orders against
which a first stage deposit has been taken, and for which there is
a strong conversion into future sales, stood at GBP1.6m (2019:
GBP1.3m).
As previously announced, the Company is taking a cautious
approach to trading with a focus on maximising conversions whilst
continuing to reduce costs within the business. Overall design
quotation activity within the business has considerably improved
compared with this time last year and the Company expects to see
conversions improve as we move forwards in 2020.
The AGM will be followed by a brief shareholder presentation. No
new material information will be disclosed and a copy of the
presentation will be made available on the Company's website
www.john-lewis.co.uk.
Enquiries:
John Lewis of Hungerford plc
Kiran Noonan - Managing Director 01235 774300
Cenkos Securities plc
Azhic Basirov
Katy Birkin 0207 397 8900
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No. 596/2014 until the release of this
announcement.
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END
AGMSEFEDSESSESF
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