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Short delay to preliminary results

9 Oct 2023 07:00

RNS Number : 0514P
ScS Group PLC
09 October 2023

For immediate release

9 October 2023

ScS Group plc

("ScS", or the "Group")

Short delay to preliminary results

The Group's audited preliminary results for the 52 weeks ended 29 July 2023 (the "Full Year Results") will now be announced on 25 October 2023. ScS had expected to announce Full Year Results on 10 October 2023. The results preparation process is substantially complete, but the Board has concluded that a short delay is required for finalisation. The Group's Full Year Results will be in line with the full year trading update, as announced on 3 August 2023. Apart from the short delay, the year-end process has been as expected and the Board has no concerns whatsoever in this regard and is confident that the Full Year Results will be concluded and published within the new timeframe.

Enquiries:

ScS Group PLC

Steve Carson, Chief Executive Officer

Chris Muir, Executive Director

Mark Fleetwood, Chief Financial Officer

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

Buchanan

Richard Oldworth

Toto Berger

Verity Parker

Tel: +44 (0)20 7466 5000

scs@buchanan.uk.com

Shore Capital

Patrick Castle

James Thomas

Iain Sexton

Tel: +44 (0)207 408 4050

Notes to Editors

ScS is one of the UK's largest retailers of sofas, flooring and furniture. We trade as two separate brands- the core ScS brand and the newly acquired Snug brand.

The ScS brand seeks to offer value and choice through a wide range of sofas, flooring and furniture products. The product range is designed to appeal to a broad customer base with a mid-market priced offering and is currently traded from 100 stores. The brand specialises primarily in fabric and leather sofas and chairs, selling a range of branded products which are not sold under registered trademarks and a range of branded products which are sold under registered trademarks owned by ScS (such as Endurance, Inspire and SiSi Italia). It also offers a range of third party brands (which include La-Z-Boy, Ideal Home and G Plan). The flooring business includes carpets, rugs, wood, laminate and luxury vinyl tiling.

Snug is an innovative digital-first sofa and sofa-bed business specialising in modular and re-configurable sofas, with quick delivery and excellent quality and customer service. Although predominantly online, Snug also operates from three stores in Leeds, Bristol and Westfield London, and 23 concessions throughout the UK.

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END
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Date   Source Headline
31st Oct 20238:58 amRNSForm 8.3 - ScS Group PLC
31st Oct 20238:27 amGNWForm 8.5 (EPT/RI) - ScS Group Plc
30th Oct 20232:33 pmPRNForm 8.3 - ScS Group Plc
30th Oct 202312:01 pmRNSNotification of Major Holdings
30th Oct 202310:34 amRNSForm 8.5 (EPT/RI)
30th Oct 202310:05 amGNWForm 8.5 (EPT/RI) - ScS Group Plc
30th Oct 20238:59 amRNSForm 8.3 - ScS Group PLC
30th Oct 20238:40 amRNSForm 8.3 - ScS Group PLC
27th Oct 20234:42 pmBUSForm 8.3 - SCS GROUP PLC
27th Oct 20234:31 pmRNSForm 8.3 - SCS GROUP PLC
27th Oct 20234:01 pmRNSForm 8.3 - SCS Group PLC
27th Oct 20233:09 pmRNSForm 8.3 - ScS Group plc
27th Oct 20233:04 pmRNSNotification of Major Holdings
27th Oct 20232:37 pmRNSForm 8.3 - SCS GROUP PLC
27th Oct 20231:42 pmPRNForm 8.3 - SCS Group Plc
27th Oct 202311:29 amRNSForm 8.5 (EPT/RI)
27th Oct 20238:28 amRNSForm 8.3 - SCS GROUP PLC
27th Oct 20237:56 amGNWForm 8.5 (EPT/RI) - ScS Group Plc
26th Oct 20235:30 pmRNSForm 8.3 - ScS Group plc
26th Oct 20231:11 pmPRNForm 8.3 - ScS Group Plc
26th Oct 202311:33 amRNSForm 8.5 (EPT/RI)
26th Oct 202311:18 amRNSForm 8.3 - SCS GROUP PLC
26th Oct 20238:32 amRNSForm 8.3 - ScS Group PLC
26th Oct 20237:16 amGNWForm 8.5 (EPT/RI) - ScS Group Plc
26th Oct 20237:00 amRNSForm 8.3 - ScS Group plc
26th Oct 20237:00 amRNSForm 8.3 - Scs Group PLC/Poltronesofà's Cerezzola
25th Oct 20234:36 pmRNSForm 8.3 - ScS Group PLC
25th Oct 20233:18 pmGNWForm 8.3 - AXA INVESTMENT MANAGERS:
25th Oct 20232:32 pmRNSForm 8.3 - [SCS GROUP PLC]
25th Oct 20231:30 pmPRNForm 8.3 - ScS Group Plc
25th Oct 202312:44 pmGNWForm 8.5 (EPT/RI) - ScS Group Plc
25th Oct 202311:17 amRNSForm 8.5 (EPT/RI)
25th Oct 20237:00 amRNSPreliminary Results
25th Oct 20237:00 amRNSForm 8.3 - ScS Group plc
24th Oct 20233:48 pmPRNForm 8.3 - SCS Group Plc
24th Oct 20231:56 pmPRNForm 8.3 - SCS Group plc
24th Oct 20237:00 amRNSRecommended Cash Offer
9th Oct 20237:00 amRNSShort delay to preliminary results
3rd Aug 20237:00 amRNSFull Year Trading Update
20th Jul 202312:14 pmRNSNotification of Major Holdings
4th Jul 20237:00 amRNSAppointment of Chief Financial Officer
25th Apr 20233:30 pmRNSGrant of Awards
25th Apr 20237:13 amRNSChange in Director's Particulars
19th Apr 20237:00 amRNSAppointment of Non-Executive Director
14th Apr 202310:21 amRNSChange in Director’s Particulars
21st Mar 20237:00 amRNSInterim Results
17th Feb 20237:01 amRNSCompletion of £7m Share Buyback Programmes
17th Feb 20237:00 amRNSTransaction in Own Shares
15th Feb 20235:35 pmRNSTransaction in Own Shares
15th Feb 20239:14 amRNSNotification of Major Holdings

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