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AGM Statement

18 Nov 2015 07:00

RNS Number : 0664G
ScS Group PLC
18 November 2015
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For Immediate Release

18 November 2015

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ScS Group plc ("the Company")

AGM Statement

ScS, one of the UK's largest retailers of upholstered furniture and floorings, will hold its Annual General Meeting today at 16.00 at Ramside Hall Hotel, Durham, DH1 1TD, at which Alan Smith, Chairman, will make the following statement:

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"The Board is pleased to report that ScS Group continues to trade in line with expectations and has had a good start to the current financial year. Like for like order intake (including House of Fraser) has progressed as expected, and for the 16 weeks ended 14 November 2015 is up 7.9%, a pleasing performance against particularly strong comparatives during Autumn.

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We are also delighted to announce our next store opening has now been confirmed in Bromborough, Wirral which is scheduled to open on 26 December 2015.

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We continue to look forward to the year ahead and beyond with confidence. A further update will be provided at the time of the pre-close statement which will be made in February 2016."

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Enquiries:

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ScS Group PLC

David Knight, Chief Executive Officer

Ron Turnbull, Chief Financial Officer

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c/o Buchanan +44 (0)20 7466 5000

Buchanan

Mark Edwards / Gabriella Clinkard/ Jane Glover

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Tel: +44 (0)20 7466 5000

scs@buchanan.uk.com

Investec

Garry Levin / David Flin / George Price / Symmie Swil

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Tel: +44 (0) 20 7597 5970

Fax: +44 (0) 20 7597 5120

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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