Shoe Zone Plc reported consolidated earnings results for the fifty two weeks ended September 30, 2017. For the period, the company reported revenue of £157,777,000 against £159,834,000 a year ago. Profit from operations was £9,794,000 against £10,386,000 a year ago. Profit before taxation was £9,503,000 against £10,252,000 a year ago. Profit attributable to equity holders of the parent was £7,883,000 or 15.77 pence per basic and diluted share against £8,451,000 or 16.90 pence per basic and diluted share a year ago. Net cash flows from operating activities were £10,962,000 against £11,864,000 a year ago. Purchase of property, plant and equipment was £5,137,000 against £3,195,000 a year ago. Statutory profit before tax has fallen by 7.3% primarily due to the adverse impact of foreign exchange on imported goods into the UK.

The company is making good progress against its strategic objectives and the board remains positive about the outlook for the Group for the remainder of the year.