|Bonmarche Holdings - Trading Update|
RNS Number : 6212E
Bonmarche Holdings PLC
Bonmarché Holdings plc
("Bonmarché" or the "Company")
Bonmarché, one of the UK's largest women's value retailers, presents its trading update for the 13 and 52 week periods ended Saturday
We are pleased to report continued growth for the quarter. Headline LFL sales increased by 13.5% for the 13 weeks, bringing the figure for the year to 10.4%. Combining online sales growth with the LFL figure raises the quarter's figure to 16.3% and the year's to 13.1%. We summarise the figures in the table below.
*The average number of stores open during the quarter/year ended
The board is pleased with the current year's performance, and anticipates that the outcome will be slightly ahead of its expectations. The Company's financial position is sound, and we enter the new financial year with a clean stock position.
"I am delighted with our performance, particularly with this being our first year end as a listed company. The growth driven though product, stores and multi-channel initiatives, demonstrates our customers' positive reaction to our strategy.
We will continue to learn from our customers as we progress. I look forward to outlining further growth initiatives for the new financial year, when I present our preliminary results on 13 June"
- Ends -
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Notes to Editors:
Bonmarché is one of the UK's largest women's value retailers, focused on selling stylish, affordable, premium quality clothing and accessories in a wide range of sizes for women over 50 years old, via its own store portfolio, website, mail order catalogues and through the Ideal World TV shopping channel. Established in 1982, Bonmarché has more than 30 years of experience in this growing market segment, operating across the
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