TIDMPLND

RNS Number : 0041X

Poundland Group PLC

14 November 2014

Notice of Results

Poundland Group plc, the leading UK single price value retailer, will announce its interim results on Thursday 27 November 2014.

An analyst presentation, hosted by Jim McCarthy, CEO, Nick Hateley, CFO and Richard Lancaster, Trading Director, will take place at 9:00am at JP Morgan's offices (60 Victoria Embankment, London, EC4Y 0JP).

The Company's prospectus published at the time of its IPO contained financial results for the first 9 months of FY2014 and, therefore, in advance of the Company's interim results announcement, Poundland is today announcing its unaudited underlying profit and loss account for the 26 weeks ended 29 September 2013 (set out below).

 
                            26 weeks ended 29 September 
                                        2013 
                                     Unaudited 
                                    Underlying 
                                      GBP'000 
 Revenue                              459,212 
 Cost of sales                       (292,023) 
 
 Gross profit                         167,189 
 Distribution costs                  (140,836) 
 Administrative expenses             (15,286) 
 
 Operating profit                     11,067 
 Financial income                       149 
 Financial expenses                   (1,858) 
 
 Net financing expense                (1,709) 
 
 Profit before tax                     9,358 
 Taxation                             (2,533) 
 
 Profit for the period                 6,825 
 
 EBITDA                               17,595

For further information please contact

 
 Enquiries: 
 Nick Hateley, Chief Financial 
  Officer                           +44 (0) 121 568 7000 
 Philip Dorgan, Head of Investor 
  Relations                         +44 (0) 121 568 7000 
 
 Media Enquiries: 
 Citigate Dewe Rogerson 
 Simon Rigby                        +44 (0) 207 282 2847 
 Angharad Couch                     +44 (0) 207 282 2941

This information is provided by RNS

The company news service from the London Stock Exchange

END

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