£3.77m
0.000p
18.50p
Date: Wednesday 19 Jul 2006
LONDON (ShareCast) - Lambert Howarth plunged to an all time low today after the shoe supplier warned that “significantly” lower than expected first half sales will result in a loss for the current financial year.
The group confirmed that the retail market has not improved and adverse trading conditions persist and based today’s announcement on the assumption that sales will not recover in the second half.
It said new boss Pamela Harper is implementing initiatives to materially improve sales and reduce costs, with the benefits of these initiatives expected to flow through in 2007.
Lambert expects to announce unaudited results for the six months to 30 June in early September and will provide a further update as to the likely year end outturn in that announcement.
| Currency | UK Pounds |
| Share Price | 18.50p |
| Change Today | 0.000p |
| 52 Week High | 0.000 |
| 52 Week Low | 0.000 |
| Volume | 0 |
| Shares Issued | 20.39m |
| Market Cap | £3.77m |
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| Latest | Previous | |
|---|---|---|
| Final | Interim | |
| Ex-Div | 10-May-06 | 09-Nov-05 |
| Paid | 16-Jun-06 | 05-Dec-05 |
| Amount | 7.50p | 3.50p |