Interim Management Statement
2009年8月19日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
TIDMJSP
RNS Number : 6508X
Jessops plc
19 August 2009
19 August 2009
Jessops Plc
Interim Management Statement for the period from 24 May 2009 to 16 August 2009.
Trading Update
On 27 May 2009 Jessops plc ("Jessops") announced its interim results for the six
months ended 31 March which showed like for like sales down 4.5%. Jessops also
reported on trading in the 8 weeks ended 24 May when like for like sales were
down 3.6%.
Against the background of the continuing difficult retail environment, trading
in the 12 weeks ended 16 August has been broadly similar with like for like
sales down 4.7%.
The Board continues to expect the business to report a loss before non-recurring
charges and taxation for the year.
Financial position
The Group continues to engage with its advisers and its bankers HSBC Bank plc
("HSBC") to put the business on a more stable footing for the future, including
discussions on a fundamental restructuring of its debt. Discussions with HSBC
continue working towards a solvent solution. However, as previously announced,
due to the historic high level of debt, the Board believes that it is unlikely
that any value will be attributed to shareholders.
Given the ongoing discussions to put the business on a more stable footing for
the future, the Board of Jessops has decided to change the Group's year end from
30 September to 30 November 2009.
For further information please contact:
Brunswick
Jonathan Glass Tel: 020 7404 5959
David Litterick
This information is provided by RNS
The company news service from the London Stock Exchange
END
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