Findel PLC Trading Statement (1430P)
August 29 2017 - 2:54AM
UK Regulatory
TIDMFDL
RNS Number : 1430P
Findel PLC
29 August 2017
29 August 2017
Findel plc ("Findel" or "the Group")
Annual General Meeting and trading statement
Findel, the online value retailer, will hold its Annual General
Meeting at 2pm today. Ahead of that meeting the board gives the
following update on trading for the 20-week period to 18 August
2017:
The Group has made a good start to the year, with both
businesses trading in line with expectations.
Express Gifts, the Group's largest business, continues to see
growth in customers and revenue in excess of 10% which provides a
strong platform ahead of its peak trading period. Findel Education
has reported an improved performance in recent weeks, following a
difficult start to the year, and is making good progress on the
various pricing and cost initiatives designed to increase its
profitability. The digital transformation of both businesses
continues to progress well.
Enquiries
Findel plc Stuart Caldwell Phil Maudsley 0161 303 3465
Tulchan Communications LLP Susanna Voyle
Will Smith
020 7353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
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