4 Nov 2016 07:00
Best of the Best plc
("Best of the Best", "BOTB" or "the Company")
Trading Update & Notice of Results
Best of the Best plc, which runs competitions to win luxury cars online and at retail locations, is pleased to announce that trading for the six months ended 31 October 2016 has been strong with profits before tax generated ahead of management expectations. Revenues have been in line with management expectations and the proportion of online sales continues to increase. Operating margins have improved and marketing investment in customer acquisition during the period was slightly lower than originally anticipated.
Notice of Results
The results for six months ended 31 October 2016 are expected to be announced on 18 January 2017 and the Directors look forward to updating shareholders with further details at that time.
Enquiries:
Best of the Best plc | William Hindmarch, Chief Executive Rupert Garton, Commercial Director
| T: 020 7371 8866 |
KTZ Communications | Katie Tzouliadis | T: 020 3178 6378
|
finnCap Ltd (Nominated Adviser & Broker) | Corporate Finance Matt Goode Carl Holmes Anthony Adams | T: 020 7220 0500 |
| Corporate Broking Christian Hobart Alice Lane |
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The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.