LONDON (Thomson Financial) - United Carpets Group PLC reported 73.9 pct
growth in its first-half pretax profit and said that it is confident of trading
in line with its expectations.
The specialist retail carpet and floor covering chain posted a pretax profit
of 706,000 stg for the six months to Sept 30, compared with 406,000 stg last
year, on a 14.8 pct rise in sales to 10.31 mln stg.
Its underlying pretax profit, before goodwill impairment of 29,000 stg, rose
to 735,000 stg from 508,000 stg in 2006.
First-half like-for-like sales were up 14.2 pct from last year, the company
said.
United Carpets hiked its interim dividend by 10 pct to 0.275 pence per share
from 0.25 pence a year ago.
TFN.newsdesk@thomson.com
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