In the six months to 27 March,
The retailer reported a half year of contrast this morning, with retail like-for-like sales up nearly 20 per cent in the first three months of the period, then down 17 per cent in the following three months, when the
Read more:
Chief executive
“An exceptionally strong performance in Q1 demonstrated the ability of the business to bounce back following the initial lockdown,” he said.
“Our performance in Q2, while materially stronger than in the first lockdown, was heavily impacted by the re-imposition of Covid-related trading restrictions at the start of the period.”
The tile store saw its share price rise 2.4 per cent by mid-morning, following the publication of its half year results.
Read more:
No interim dividend was declared today, however the board said it was the intention to reinstate dividends by the end of the year.
The post
© City AM, source