31 Oct 2008 16:50
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SMALLBONE plc
("Smallbone or "the Group")
Trading Update
Smallbone plc, the international supplier of luxury lifestyle brands, today announces that profits for the year endingΒ 31 December 2008Β are likely to be materially below current market expectations.
This arises from a combination of the challengingΒ current trading environment andΒ rationalisation costs being expensed in the year as a result of the acquisition of Christopher Peacock Cabinetry.Β The Directors are confident that the restructuring measures beingΒ implemented will enhance the Group's medium and long-term prosperity.
31 October 2008
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Enquiries: |
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COLLEGE HILL |
Tel: 020 7457 2020Β / 07825 878 590Β |
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Anna Czerny |
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