Laura Ashley Holdings plc Omits to Pay Interim Dividend for the 26 Weeks to 31 December 2017; Reports Unaudited Group Earnings Results for the Six Months Ended December 31, 2017
The company reported unaudited group earnings results for the six months ended December 31, 2017. For the period, the company reported revenues of £134.7 million against £146.0 million a year ago. Profit from operations was £4.8 million against £8.2 million a year ago. Profit before taxation was £4.3 million against £7.8 million a year ago. Profit for the financial period was £3.4 million against £6.2 million a year ago. Basic and diluted earnings per share were 0.47 pence against 0.85 pence a year ago. Net cash generated from operations was £6.1 million against £7.3 million a year ago. Purchase of intangible assets was £0.2 million against £0.1 million a year ago. Purchase of property, plant and equipment was £1.3 million against £0.1 million a year ago. Total like-for-like retail sales down 0.5%.