Scholium Group PLC Trading Update (2445R)
28 Ottobre 2019 - 8:00AM
UK Regulatory
TIDMSCHO
RNS Number : 2445R
Scholium Group PLC
28 October 2019
Scholium Group plc
("Scholium" or "Group")
Trading update
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
The Directors are pleased to provide an update on trading for
the six month period ended 30 September 2019.
The Group has made a small profit during the period, which
represents a considerable improvement compared with the loss
incurred during the six months ended 30 September 2018.
The Group's trading has continued the progress made in the
second half of the financial year ended 31 March 2019. Mayfair
Philatelics is now operating a fuller auction programme, and traded
at breakeven for the six months to 30 September 2019 compared with
a loss of GBP79k in the corresponding prior period. Shapero Rare
Books has also continued to improve its profitability compared with
both of the six month periods previously. Scholium Trading has made
a reduced contribution in this first half, due to a lower opening
stock which was the result of a strong performance in the second
half of the last financial year.
The Directors anticipate that the results for the six months
ended 30 September 2019 will be released on 29 November 2019.
Jasper Allen, Chairman of Scholium, noted:
"We are pleased that the Group has traded profitably. The
improvement in the results from both Mayfair Philatelics and
Shapero Rare Books is encouraging given the challenging retail
environment."
For further information please visit www.scholiumgroup.com or
contact:
Scholium Group plc
Jasper Allen, Chairman +44 (0)20 7493 0876
Peter Floyd, Finance Director
WH Ireland Ltd - Nominated Adviser
Chris Fielding +44 (020) 7220 1666
Lydia Zychowska
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
TSTCKODKDBDBCKB
(END) Dow Jones Newswires
October 28, 2019 03:00 ET (07:00 GMT)
Grafico Azioni Scholium (LSE:SCHO)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Scholium (LSE:SCHO)
Storico
Da Apr 2023 a Apr 2024