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4 Feb 2011 07:00
FRENCH CONNECTION GROUP PLC
Trading update
4 February 2011
French Connection Group PLC ("the Group") announces that the profit before tax of its continuing operations1 for the year ended 31 January 2011 is expected to be at least £6.8 million (2010 restated: £1.0 million) as a result of a continuing strong performance in the wholesale division, growth in licensing income and good control of overheads. The trading performance in UK retail was in-line with our recent Interim Management Statement.
The announcement of the financial results of the Group for the year ended 31 January 2011 will be on 16 March 2011.
Enquiries:
Roy Naismith /Neil Williams French Connection +44(0)20 7036 7000
Tom Buchanan/Catriona McDermott Brunswick +44(0)20 7404 5959
1 The "continuing operations" of the Group are the same as the "businesses to be retained" as disclosed in the Annual Report for the year ended 31 January 2010 and the Half-Year statement as at 31 July 2010. The "continuing operations" exclude the results of the Nicole Farhi business, certain retail stores in the US and the retail businesses in Japan and Europe. The profit before tax of the continuing operations also excludes the loss on sale and closure costs arising from the restructuring.
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