Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSCS.L Regulatory News (SCS)

  • There is currently no data for SCS

Trading Update

31 Jan 2017 07:00

RNS Number : 5166V
ScS Group PLC
31 January 2017
 

 

31 January 2017

 

 

 

ScS Group plc

("ScS", or the "Group")

Trading Update

 

ScS, one of the UK's largest retailers of upholstered furniture and floorings, today issues the following trading update ahead of announcing its interim results for the 26 weeks ended 28 January 2017 on 21 March 2017.

 

The Group has traded in line with the Board's expectations in the first half of the financial year and continues to make progress with its strategy for growth. The Group achieved like-for-like order intake growth of 2.7% for the 26 weeks ended 28 January 2017, a pleasing performance against particularly strong comparatives. Two year like-for-like order intake has grown 12.5%. Trading over the Christmas and January sales period was also in line with the Board's expectations.

 

Our four new stores in Aberdeen, Thanet, Plymouth and Straiton (Edinburgh) have seen strong trading since opening. Following these openings, the Group now trades from 100 ScS stores and operates 28 House of Fraser concessions.

 

We remain mindful that the Group still faces the key Easter and May bank holiday trading periods and faces very strong comparatives during the remainder of the year. The Board believes the business remains in a strong position to maximise opportunities as they arise and to grow market share.

 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Enquiries:

 

ScS Group PLC

David Knight, Chief Executive Officer

Chris Muir, Chief Financial Officer

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

Buchanan

Richard Oldworth

Jane Glover

Madeleine Seacombe

Tel: +44 (0)20 7466 5000

scs@buchanan.uk.com

Investec

Garry Levin

David Flin

George Price

Alex Wright

Tel: +44 (0) 20 7597 5970

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTDMGFMNGGGNZM
Date   Source Headline
21st Nov 20074:00 pmRNSResults of Meetings
21st Nov 20072:39 pmRNSNet Asset Value(s)
20th Nov 20073:05 pmRNSNet Asset Value(s)
19th Nov 20074:21 pmRNSNet Asset Value(s)
16th Nov 20074:20 pmRNSNet Asset Value(s)
15th Nov 20074:42 pmRNSNet Asset Value(s)
14th Nov 20074:36 pmRNSNet Asset Value(s)
13th Nov 20074:42 pmRNSNet Asset Value(s)
12th Nov 20076:12 pmRNSNet Asset Value(s)-Amendment
12th Nov 20072:57 pmRNSNet Asset Value(s)
9th Nov 200712:43 pmRNSNet Asset Value(s)
8th Nov 20071:28 pmRNSNet Asset Value(s)
7th Nov 20073:16 pmRNSNet Asset Value(s)
6th Nov 20071:09 pmRNSNet Asset Value(s)
5th Nov 20071:33 pmRNSNet Asset Value(s)
2nd Nov 20071:52 pmRNSNet Asset Value(s)
2nd Nov 200711:47 amRNSPortfolio Update
1st Nov 20072:27 pmRNSNet Asset Value(s)
31st Oct 20071:44 pmRNSNet Asset Value(s)
30th Oct 20074:37 pmRNSNet Asset Value(s)
29th Oct 20073:51 pmRNSNet Asset Value(s)
26th Oct 20073:47 pmRNSNet Asset Value(s)
25th Oct 20075:09 pmRNSNet Asset Value(s)
25th Oct 20074:05 pmRNSRollover Proposals
24th Oct 20075:26 pmRNSDividend Declaration
24th Oct 20074:25 pmRNSNet Asset Value(s)
23rd Oct 20073:38 pmRNSNet Asset Value(s)
22nd Oct 20073:26 pmRNSNet Asset Value(s)
19th Oct 20074:12 pmRNSNet Asset Value(s)
18th Oct 20071:56 pmRNSNet Asset Value(s)
17th Oct 200712:59 pmRNSNet Asset Value(s)
16th Oct 20073:28 pmRNSNet Asset Value(s)
15th Oct 20072:57 pmRNSNet Asset Value(s)
12th Oct 20074:06 pmRNSNet Asset Value(s)
11th Oct 20073:25 pmRNSNet Asset Value(s)
10th Oct 20071:42 pmRNSNet Asset Value(s)
9th Oct 20073:27 pmRNSNet Asset Value(s)
8th Oct 20073:00 pmRNSNet Asset Value(s)
5th Oct 20071:43 pmRNSNet Asset Value(s)
4th Oct 20071:45 pmRNSNet Asset Value(s)
3rd Oct 20071:56 pmRNSNet Asset Value(s)
2nd Oct 20072:31 pmRNSNet Asset Value(s)
1st Oct 20071:15 pmRNSNet Asset Value(s)
28th Sep 200712:08 pmRNSNet Asset Value(s)
27th Sep 20073:11 pmRNSNet Asset Value(s)
26th Sep 200712:26 pmRNSNet Asset Value(s)
25th Sep 200711:48 amRNSNet Asset Value(s)
24th Sep 200712:29 pmRNSNet Asset Value(s)
21st Sep 200712:45 pmRNSNet Asset Value(s)
20th Sep 20073:42 pmRNSNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.